Export product diversification index in Ghana
Ghana: Export product diversification index was 0.7494 in 2011. ▼ Falling
Export product diversification index in Ghana, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
Ghana recorded 0.7494 for export product diversification index in 2011. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 3.5% on the previous year and down 11.0% over ten years.
Over the whole period, export product diversification index in Ghana peaked at 0.8453 in 1997 and was at its lowest, 0.7494, in 2011.
That places Ghana 30th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8186 | 0.7955 | 0.8453 | 5 |
| 2000s | 0.816 | 0.7609 | 0.8419 | 10 |
| 2010s | 0.763 | 0.7494 | 0.7767 | 2 |
Countries ranked near Ghana
More trade data for Ghana
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 370.87 million FAO, current US$ (2011)
- Lead time to export, median case 1 days (2018)
- Food imports excluding fish 1.13 billion FAO, current US$ (2010)
- Total agricultural imports 1.21 billion FAO, current US$ (2010)
- Cereal imports 333.83 million FAO, current US$ (2010)
- Cereal imports quantity 685,409 FAO, tonnes (2010)
- Total agricultural exports 1.23 billion FAO, current US$ (2010)
- Cereal exports 11.86 million FAO, current US$ (2010)
- Cereal exports quantity 8,823 FAO, tonnes (2010)
Frequently asked questions
- What is export product diversification index in Ghana?
- Export product diversification index in Ghana was 0.7494 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 Ghana?
- The highest recorded value was 0.8453 in 1997.
- What is the lowest export product diversification index recorded in Ghana?
- The lowest recorded value was 0.7494 in 2011.
- How does Ghana rank for export product diversification index?
- Ghana ranks 30th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Ghana?
- Over the last ten years it is down 11.0%. The long-run trend across the full record is falling.
- Where does this Ghana 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).