Extensive Margin, Theil index in Iceland
Iceland: Extensive Margin, Theil index was 0.1393 in 2014. ▼ Falling
Extensive Margin, Theil index in Iceland, 1962–2014
Source: International Monetary Fund.
Analysis
The most recent figure for extensive margin, theil index in Iceland is 0.1393, measured in 2014. That is the lowest value across all 53 years on record.
That represents a change of down 62.5% on the previous year and down 79.2% over ten years.
Over the whole period, extensive margin, theil index in Iceland peaked at 1.59 in 1962 and was at its lowest, 0.1393, in 2014.
That places Iceland 92nd out of 189 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.47 | 1.18 | 1.59 | 8 |
| 1970s | 0.9356 | 0.8043 | 1.1 | 10 |
| 1980s | 1.01 | 0.8008 | 1.1 | 10 |
| 1990s | 1.03 | 0.8224 | 1.13 | 10 |
| 2000s | 0.6023 | 0.4095 | 0.775 | 10 |
| 2010s | 0.2121 | 0.1393 | 0.3709 | 5 |
Countries ranked near Iceland
- 89 Ethiopia, The Federal Democratic Republic of 0.1443 compare
- 90 Dominica 0.1443 compare
- 91 Aruba, Kingdom of the Netherlands 0.1425 compare
- 93 Papua New Guinea 0.1387 compare
- 94 Türkiye 0.1348 compare
- 95 Qatar 0.1331 compare
More trade data for Iceland
- Export Diversification, Theil index 4.07 (2014)
- Intensive Margin, Theil index 3.93 (2014)
- Total current account debit/expenditure, Debit/Expenditure 16.68 billion (2024)
- Goods, Debit/Expenditure 9.30 billion (2024)
- Primary income, Debit/Expenditure 1.43 billion (2024)
- Services, Debit/Expenditure 5.16 billion (2024)
- Secondary income, Debit/Expenditure 786.49 million (2024)
- Total capital account debit/expenditure, Debit/Expenditure 35.98 million (2024)
- Milking, dairy machinery (trade) — Import Value 5,815 1000 USD (2008)
- CO2 emissions embodied in gross exports, Metric ton of CO₂ equivalent 5.08 (2021)
Frequently asked questions
- What is extensive margin, theil index in Iceland?
- Extensive margin, theil index in Iceland was 0.1393 in 2014, according to International Monetary Fund.
- What is the highest extensive margin, theil index recorded in Iceland?
- The highest recorded value was 1.59 in 1962.
- What is the lowest extensive margin, theil index recorded in Iceland?
- The lowest recorded value was 0.1393 in 2014.
- How does Iceland rank for extensive margin, theil index?
- Iceland ranks 92nd out of 189 countries with data for 2014.
- Is extensive margin, theil index rising or falling in Iceland?
- Over the last ten years it is down 79.2%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Extensive Margin, Theil index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.