Extensive Margin, Theil index in Nigeria
Nigeria: Extensive Margin, Theil index was 0.7767 in 2014. β¬ Flat
Extensive Margin, Theil index in Nigeria, 1962β2014
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
| Decade | Average | Lowest | Highest | 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
More trade data for Nigeria
- Export Diversification, Theil index 5.62 (2014)
- Intensive Margin, Theil index 4.84 (2014)
- Total current account debit/expenditure, Debit/Expenditure 68.62 billion (2024)
- Goods, Debit/Expenditure 39.80 billion (2024)
- Primary income, Debit/Expenditure 10.51 billion (2024)
- Services, Debit/Expenditure 17.93 billion (2024)
- Secondary income, Debit/Expenditure 380.46 million (2024)
- Milking, dairy machinery (trade) β Import Value 4,425 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) β Import Value 5,185 1000 USD (2005)
- Pedestrian controlled tractors (single axle tractors) β Import Value 686 1000 USD (2007)
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.
Download this data
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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.