Export product diversification index in Liberia
Liberia: Export product diversification index was 0.7322 in 2011. ▼ Falling
Export product diversification index in Liberia, 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 Liberia stood at 0.7322.
Compared with earlier readings it is up 4.3% on the previous year and down 13.2% over ten years.
Over the whole period, export product diversification index in Liberia peaked at 0.8523 in 2005 and was at its lowest, 0.702, in 2010.
Liberia ranks 37th 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 | 0.8055 | 0.7705 | 0.8422 | 5 |
| 2000s | 0.814 | 0.7385 | 0.8523 | 10 |
| 2010s | 0.7171 | 0.702 | 0.7322 | 2 |
Countries ranked near Liberia
More trade data for Liberia
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 1.90 million FAO, current US$ (2010)
- Food imports excluding fish 251.48 million FAO, current US$ (2010)
- Total agricultural imports 270.89 million FAO, current US$ (2010)
- Cereal imports 144.81 million FAO, current US$ (2010)
- Cereal imports quantity 339,289 FAO, tonnes (2010)
- Total agricultural exports 197.77 million FAO, current US$ (2010)
- Cereal exports 7,000 FAO, current US$ (2010)
- Cereal exports quantity 58 FAO, tonnes (2010)
- Merchandise exports, WB 260.00 million current US$ (2008)
Frequently asked questions
- What is export product diversification index in Liberia?
- Export product diversification index in Liberia was 0.7322 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 Liberia?
- The highest recorded value was 0.8523 in 2005.
- What is the lowest export product diversification index recorded in Liberia?
- The lowest recorded value was 0.702 in 2010.
- How does Liberia rank for export product diversification index?
- Liberia ranks 37th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Liberia?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.
- Where does this Liberia 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).