Export product diversification index in Gambia

Gambia: Export product diversification index was 0.7513 in 2011. ▼ Falling

Latest (2011)
0.7513
Change on year
up 0.2%
World rank
28th
of 53 countries
All-time high
0.8146
in 1998
All-time low
0.6538
in 2003
Years of data
17
1995–2011

Export product diversification index in Gambia, 1995–2011

00.20.40.60.81995200320111995: 0.791996: 0.7961997: 0.791998: 0.8151999: 0.7942000: 0.7532001: 0.712002: 0.7072003: 0.6542004: 0.6672005: 0.6922006: 0.7262007: 0.7092008: 0.6982009: 0.7132010: 0.752011: 0.751

Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).

Analysis

Gambia recorded 0.7513 for export product diversification index in 2011.

That represents a change of up 0.2% on the previous year and up 5.8% over ten years.

Over the whole period, export product diversification index in Gambia peaked at 0.8146 in 1998 and was at its lowest, 0.6538, in 2003.

That places Gambia 28th out of 53 countries with data for 2011, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7971 0.7902 0.8146 5
2000s 0.703 0.6538 0.753 10
2010s 0.7505 0.7497 0.7513 2

Countries ranked near Gambia

  1. 25 Central African Republic 0.7577 compare
  2. 26 Guinea 0.7546 compare
  3. 27 Guinea-Bissau 0.7527 compare
  4. 29 Eswatini 0.7503 compare
  5. 30 Ghana 0.7494 compare
  6. 31 Equatorial Guinea 0.7489 compare

See the full ranking of 55 places →

More trade data for Gambia

All data for Gambia →

Frequently asked questions

What is export product diversification index in Gambia?
Export product diversification index in Gambia was 0.7513 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 Gambia?
The highest recorded value was 0.8146 in 1998.
What is the lowest export product diversification index recorded in Gambia?
The lowest recorded value was 0.6538 in 2003.
How does Gambia rank for export product diversification index?
Gambia ranks 28th out of 53 countries with data for 2011.
Is export product diversification index rising or falling in Gambia?
Over the last ten years it is up 5.8%. The long-run trend across the full record is falling.
Where does this Gambia 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

Indicator
Export product diversification index
Source
UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 935 data points, 1995–2011
Last refreshed

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).