Export product diversification index in Cape Verde
Cape Verde: Export product diversification index was 0.7171 in 2011. ▲ Rising
Export product diversification index in Cape Verde, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
In 2011, export product diversification index in Cape Verde stood at 0.7171.
The figure is up 1.6% on the previous year and up 4.5% over ten years.
Over the whole period, export product diversification index in Cape Verde peaked at 0.7291 in 1998 and was at its lowest, 0.6068, in 1995.
Cape Verde ranks 42nd of 53 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Export product diversification index in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.6068 | — |
| 1996 | 0.6379 | +5.1% |
| 1997 | 0.7096 | +11.2% |
| 1998 | 0.7291 | +2.7% |
| 1999 | 0.7047 | -3.3% |
| 2000 | 0.6969 | -1.1% |
| 2001 | 0.686 | -1.6% |
| 2002 | 0.6782 | -1.1% |
| 2003 | 0.61 | -10.1% |
| 2004 | 0.6593 | +8.1% |
| 2005 | 0.6987 | +6.0% |
| 2006 | 0.6834 | -2.2% |
| 2007 | 0.675 | -1.2% |
| 2008 | 0.6777 | +0.4% |
| 2009 | 0.7061 | +4.2% |
| 2010 | 0.7057 | -0.1% |
| 2011 | 0.7171 | +1.6% |
Cape Verde compared with similar countries
- Cape Verde's 0.7171 is below the median for upper middle income countries, which is 0.7366, 97% of the median. (8 countries reporting)
- Cape Verde's 0.7171 is below the median for Sub-Saharan Africa, which is 0.7577, 95% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6776 | 0.6068 | 0.7291 | 5 |
| 2000s | 0.6771 | 0.61 | 0.7061 | 10 |
| 2010s | 0.7114 | 0.7057 | 0.7171 | 2 |
Countries ranked near Cape Verde
More trade data for Cape Verde
- Commodity Net Export Price Index, Individual Commodities Weighted by 143.03 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 105.86 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.47 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 124.68 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 94.91 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.35 (2025)
- Imports of low carbon technology products, Percent of GDP 1.16 (2024)
- Imports of low carbon technology products, US dollar (World), per 60.19 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0116 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.31 million (2023)
Frequently asked questions
- What is export product diversification index in Cape Verde?
- Export product diversification index in Cape Verde was 0.7171 in 2011, according to UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
- What is the highest export product diversification index recorded in Cape Verde?
- The highest recorded value was 0.7291 in 1998.
- What is the lowest export product diversification index recorded in Cape Verde?
- The lowest recorded value was 0.6068 in 1995.
- How does Cape Verde rank for export product diversification index?
- Cape Verde ranks 42nd out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Cape Verde?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/), published as part of Export product diversification index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3).