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.
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
- Net long-term borrowing 15.22 million BoP, current US$ (2011)
- Pesticides imports 1.36 million FAO, current US$ (2011)
- Food imports excluding fish 171.26 million FAO, current US$ (2010)
- Total agricultural imports 204.45 million FAO, current US$ (2010)
- Cereal imports 37.84 million FAO, current US$ (2010)
- Cereal imports quantity 84,489 FAO, tonnes (2010)
- Total agricultural exports 965,000 FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 105.31 million current US$ (2010)
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).