Export product diversification index in Sierra Leone
Sierra Leone: Export product diversification index was 0.6765 in 2011. ▼ Falling
Export product diversification index in Sierra Leone, 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 Sierra Leone stood at 0.6765.
That represents a change of down 1.3% on the previous year and up 2.2% over ten years.
Over the whole period, export product diversification index in Sierra Leone peaked at 0.8142 in 1997 and was at its lowest, 0.6129, in 2008.
That places Sierra Leone 47th out of 53 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7336 | 0.6514 | 0.8142 | 5 |
| 2000s | 0.6706 | 0.6129 | 0.7475 | 10 |
| 2010s | 0.6809 | 0.6765 | 0.6854 | 2 |
Countries ranked near Sierra Leone
More trade data for Sierra Leone
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 820,000 FAO, current US$ (2010)
- Food imports excluding fish 158.41 million FAO, current US$ (2010)
- Total agricultural imports 184.04 million FAO, current US$ (2010)
- Cereal imports 57.16 million FAO, current US$ (2010)
- Cereal imports quantity 142,350 FAO, tonnes (2010)
- Total agricultural exports 31.37 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 597.02 million current US$ (2011)
Frequently asked questions
- What is export product diversification index in Sierra Leone?
- Export product diversification index in Sierra Leone was 0.6765 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 Sierra Leone?
- The highest recorded value was 0.8142 in 1997.
- What is the lowest export product diversification index recorded in Sierra Leone?
- The lowest recorded value was 0.6129 in 2008.
- How does Sierra Leone rank for export product diversification index?
- Sierra Leone ranks 47th out of 53 countries with data for 2011.
- Is export product diversification index rising or falling in Sierra Leone?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is falling.
- Where does this Sierra Leone 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).