Export product diversification index in Libya
Libya: Export product diversification index was 0.785 in 2011. ▬ Flat
Export product diversification index in Libya, 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 Libya is 0.785, measured in 2011. That is the lowest value across all 17 years on record.
That represents a change of down 2.6% on the previous year and down 3.8% over ten years.
Over the whole period, export product diversification index in Libya peaked at 0.8343 in 2003 and was at its lowest, 0.785, in 2011.
Libya ranks 19th of 53 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8117 | 0.7974 | 0.8294 | 5 |
| 2000s | 0.8156 | 0.7962 | 0.8343 | 10 |
| 2010s | 0.7955 | 0.785 | 0.8059 | 2 |
Countries ranked near Libya
More trade data for Libya
- Net long-term borrowing 642.00 million BoP, current US$ (2011)
- Pesticides imports 15.90 million FAO, current US$ (2010)
- Food imports excluding fish 1.90 billion FAO, current US$ (2010)
- Total agricultural imports 2.22 billion FAO, current US$ (2010)
- Cereal imports 705.16 million FAO, current US$ (2010)
- Cereal imports quantity 2.90 million FAO, tonnes (2010)
- Total agricultural exports 7.16 million FAO, current US$ (2010)
- Cereal exports 37,000 FAO, current US$ (2010)
- Cereal exports quantity 29 FAO, tonnes (2010)
- Agricultural tractors, imports 4.62 million FAO, current US$ (2007)
Frequently asked questions
- What is export product diversification index in Libya?
- Export product diversification index in Libya was 0.785 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 Libya?
- The highest recorded value was 0.8343 in 2003.
- What is the lowest export product diversification index recorded in Libya?
- The lowest recorded value was 0.785 in 2011.
- How does Libya rank for export product diversification index?
- Libya ranks 19th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Libya?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is flat.
- Where does this Libya 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).