Extensive Margin, Theil index in Nigeria

Nigeria: Extensive Margin, Theil index was 0.7767 in 2014. β–¬ Flat

Latest (2014)
0.7767
Change on year
up 0.6%
World rank
24th
of 189 countries
All-time high
0.7958
in 1962
All-time low
0.7448
in 2008
Years of data
53
1962–2014

Extensive Margin, Theil index in Nigeria, 1962–2014

00.20.40.60.8196219882014

Source: International Monetary Fund.

Analysis

Nigeria recorded 0.7767 for extensive margin, theil index in 2014.

That represents a change of up 0.6% on the previous year and down 0.5% over ten years.

Over the whole period, extensive margin, theil index in Nigeria peaked at 0.7958 in 1962 and was at its lowest, 0.7448, in 2008.

That places Nigeria 24th out of 189 countries with data for 2014, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.7844 0.7711 0.7958 8
1970s 0.7908 0.786 0.7924 10
1980s 0.7886 0.7735 0.794 10
1990s 0.7697 0.7489 0.776 10
2000s 0.7751 0.7448 0.7844 10
2010s 0.7726 0.7629 0.7813 5

Countries ranked near Nigeria

  1. 21 Burundi 0.8435 compare
  2. 22 Marshall Islands, Republic of the 0.8319 compare
  3. 23 Benin 0.7882 compare
  4. 25 Iran, Islamic Republic of 0.7753 compare
  5. 26 Chile 0.7681 compare
  6. 27 Barbados 0.7512 compare

See the full ranking of 189 places β†’

More trade data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is extensive margin, theil index in Nigeria?
Extensive margin, theil index in Nigeria was 0.7767 in 2014, according to International Monetary Fund.
What is the highest extensive margin, theil index recorded in Nigeria?
The highest recorded value was 0.7958 in 1962.
What is the lowest extensive margin, theil index recorded in Nigeria?
The lowest recorded value was 0.7448 in 2008.
How does Nigeria rank for extensive margin, theil index?
Nigeria ranks 24th out of 189 countries with data for 2014.
Is extensive margin, theil index rising or falling in Nigeria?
Over the last ten years it is down 0.5%. The long-run trend across the full record is flat.
Where does this Nigeria 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.

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Extensive Margin, Theil index in Nigeria. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://trade.statizoid.com/stat/extensive-margin-theil-index/nigeria/

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About this data

Indicator
Extensive Margin, Theil index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
189 places, 10,017 data points, 1962–2014
Last refreshed

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.