Export product diversification index in Guinea
Guinea: Export product diversification index was 0.7546 in 2011. ▼ Falling
Export product diversification index in Guinea, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
The most recent figure for export product diversification index in Guinea is 0.7546, measured in 2011. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 7.3% on the previous year and down 12.7% over ten years.
Over the whole period, export product diversification index in Guinea peaked at 0.8645 in 2001 and was at its lowest, 0.7546, in 2011.
Guinea ranks 26th of 53 countries on this measure, 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 | 0.8293 | 0.805 | 0.8603 | 5 |
| 2000s | 0.8301 | 0.7896 | 0.8645 | 10 |
| 2010s | 0.7842 | 0.7546 | 0.8138 | 2 |
Countries ranked near Guinea
- 23 Tanzania 0.7622 compare
- 24 Madagascar 0.7605 compare
- 25 Central African Republic 0.7577 compare
- 27 Guinea-Bissau 0.7527 compare
- 28 Gambia 0.7513 compare
- 29 Eswatini 0.7503 compare
More trade data for Guinea
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 9.00 million FAO, current US$ (2010)
- Food imports excluding fish 374.37 million FAO, current US$ (2010)
- Total agricultural imports 423.82 million FAO, current US$ (2010)
- Cereal imports 148.75 million FAO, current US$ (2010)
- Cereal imports quantity 433,586 FAO, tonnes (2010)
- Total agricultural exports 91.30 million FAO, current US$ (2010)
- Cereal exports 3.75 million FAO, current US$ (2010)
- Cereal exports quantity 10,056 FAO, tonnes (2010)
- Merchandise exports, WB 806.60 million current US$ (2005)
Frequently asked questions
- What is export product diversification index in Guinea?
- Export product diversification index in Guinea was 0.7546 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 Guinea?
- The highest recorded value was 0.8645 in 2001.
- What is the lowest export product diversification index recorded in Guinea?
- The lowest recorded value was 0.7546 in 2011.
- How does Guinea rank for export product diversification index?
- Guinea ranks 26th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Guinea?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
- Where does this Guinea 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).