Import product concentration index in Liberia
Liberia: Import product concentration index was 0.8559 in 2011. ▼ Falling
Import product concentration index in Liberia, 1995–2011
Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).
Analysis
The most recent figure for import product concentration index in Liberia is 0.8559, measured in 2011.
That represents a change of up 16.7% on the previous year and up 2.3% over ten years.
Over the whole period, import product concentration index in Liberia peaked at 0.9069 in 1998 and was at its lowest, 0.6508, in 2008.
Liberia ranks 1st of 53 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8792 | 0.8234 | 0.9069 | 5 |
| 2000s | 0.7716 | 0.6508 | 0.8559 | 10 |
| 2010s | 0.7945 | 0.7332 | 0.8559 | 2 |
Countries ranked near Liberia
More trade data for Liberia
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 1.90 million FAO, current US$ (2010)
- Food imports excluding fish 251.48 million FAO, current US$ (2010)
- Total agricultural imports 270.89 million FAO, current US$ (2010)
- Cereal imports 144.81 million FAO, current US$ (2010)
- Cereal imports quantity 339,289 FAO, tonnes (2010)
- Total agricultural exports 197.77 million FAO, current US$ (2010)
- Cereal exports 7,000 FAO, current US$ (2010)
- Cereal exports quantity 58 FAO, tonnes (2010)
- Merchandise exports, WB 260.00 million current US$ (2008)
Frequently asked questions
- What is import product concentration index in Liberia?
- Import product concentration index in Liberia was 0.8559 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 import product concentration index recorded in Liberia?
- The highest recorded value was 0.9069 in 1998.
- What is the lowest import product concentration index recorded in Liberia?
- The lowest recorded value was 0.6508 in 2008.
- How does Liberia rank for import product concentration index?
- Liberia ranks 1st out of 53 countries with data for 2011.
- Is import product concentration index rising or falling in Liberia?
- Over the last ten years it is up 2.3%. The long-run trend across the full record is falling.
- Where does this Liberia 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 Import product concentration 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
This indicator reflects the Herfindahl-Hirschmann index measure of the degree of import concentration within a country. The sectoral Hirschmann index is defined as the square root of the sum of the squared shares of exports of each industry in total exports for the region under study. Takes a value between 0 and 1, with 1 indicating that only a single product is exported. Higher values indicate that imports are concentrated in fewer sectors. On the contrary, values closer to 0 reflect a more equal distribution of market shares among importers. Note that this type of concentration indicator tends to be quite vulnerable to cyclical fluctuations in relative-prices, in a way that commodity price rises make commodity importers look more concentrated.