Export product diversification index in Somalia

Somalia: Export product diversification index was 0.7338 in 2011. ▬ Flat

Latest (2011)
0.7338
Change on year
down 4.9%
World rank
35th
of 53 countries
All-time high
0.8454
in 2006
All-time low
0.7265
in 1998
Years of data
17
1995–2011

Export product diversification index in Somalia, 1995–2011

00.20.40.60.81995200320111995: 0.7881996: 0.7511997: 0.7371998: 0.7261999: 0.7572000: 0.82001: 0.7752002: 0.7832003: 0.8212004: 0.7992005: 0.7772006: 0.8452007: 0.7492008: 0.7972009: 0.7972010: 0.7722011: 0.734

Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).

Analysis

Somalia recorded 0.7338 for export product diversification index in 2011.

That represents a change of down 4.9% on the previous year and down 5.3% over ten years.

Over the whole period, export product diversification index in Somalia peaked at 0.8454 in 2006 and was at its lowest, 0.7265, in 1998.

That places Somalia 35th out of 53 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7518 0.7265 0.7877 5
2000s 0.7942 0.7487 0.8454 10
2010s 0.7528 0.7338 0.7717 2

Countries ranked near Somalia

  1. 32 Comoros 0.7466 compare
  2. 33 Burundi 0.7396 compare
  3. 34 Mozambique 0.7391 compare
  4. 36 Togo 0.7331 compare
  5. 37 Liberia 0.7322 compare
  6. 38 Zimbabwe 0.7311 compare

See the full ranking of 55 places →

More trade data for Somalia

All data for Somalia →

Frequently asked questions

What is export product diversification index in Somalia?
Export product diversification index in Somalia was 0.7338 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 Somalia?
The highest recorded value was 0.8454 in 2006.
What is the lowest export product diversification index recorded in Somalia?
The lowest recorded value was 0.7265 in 1998.
How does Somalia rank for export product diversification index?
Somalia ranks 35th out of 53 countries with data for 2011.
Is export product diversification index rising or falling in Somalia?
Over the last ten years it is down 5.3%. The long-run trend across the full record is flat.
Where does this Somalia 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

Indicator
Export product diversification index
Source
UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 935 data points, 1995–2011
Last refreshed

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).