Import product concentration index in Sierra Leone

Sierra Leone: Import product concentration index was 0.3664 in 2011. ▲ Rising

Latest (2011)
0.3664
Change on year
up 1.1%
World rank
2nd
of 53 countries
All-time high
0.3694
in 2008
All-time low
0.0711
in 1998
Years of data
17
1995–2011

Import product concentration index in Sierra Leone, 1995–2011

0.10.20.30.41995200320111995: 0.1131996: 0.0851997: 0.1621998: 0.0711999: 0.1342000: 0.2262001: 0.3682002: 0.1112003: 0.3682004: 0.3682005: 0.3522006: 0.3672007: 0.3642008: 0.3692009: 0.3592010: 0.3622011: 0.366

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

Analysis

In 2011, import product concentration index in Sierra Leone stood at 0.3664.

The figure is up 1.1% on the previous year and down 0.5% over ten years.

Over the whole period, import product concentration index in Sierra Leone peaked at 0.3694 in 2008 and was at its lowest, 0.0711, in 1998.

That places Sierra Leone 2nd out of 53 countries with data for 2011, putting it in the top 10%.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1129 0.0711 0.1616 5
2000s 0.3253 0.1108 0.3694 10
2010s 0.3644 0.3624 0.3664 2

Countries ranked near Sierra Leone

  1. 1 Liberia 0.8559 compare
  2. 3 Somalia 0.2557 compare
  3. 4 Namibia 0.2542 compare
  4. 5 Seychelles 0.2454 compare

See the full ranking of 55 places →

More trade data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is import product concentration index in Sierra Leone?
Import product concentration index in Sierra Leone was 0.3664 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 Sierra Leone?
The highest recorded value was 0.3694 in 2008.
What is the lowest import product concentration index recorded in Sierra Leone?
The lowest recorded value was 0.0711 in 1998.
How does Sierra Leone rank for import product concentration index?
Sierra Leone ranks 2nd out of 53 countries with data for 2011.
Is import product concentration index rising or falling in Sierra Leone?
Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
Where does this Sierra Leone 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

Indicator
Import product concentration 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

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.