Import product diversification index in Burundi

Burundi: Import product diversification index was 0.5049 in 2011. ▲ Rising

Latest (2011)
0.5049
Change on year
down 2.3%
World rank
27th
of 53 countries
All-time high
0.5633
in 2007
All-time low
0.4539
in 1995
Years of data
17
1995–2011

Import product diversification index in Burundi, 1995–2011

00.20.40.61995200320111995: 0.4541996: 0.4711997: 0.4731998: 0.5031999: 0.5172000: 0.5242001: 0.4782002: 0.542003: 0.52004: 0.5082005: 0.4922006: 0.5392007: 0.5632008: 0.5062009: 0.5052010: 0.5172011: 0.505

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

Analysis

In 2011, import product diversification index in Burundi stood at 0.5049.

Compared with earlier readings it is down 2.3% on the previous year and up 5.7% over ten years.

Over the whole period, import product diversification index in Burundi peaked at 0.5633 in 2007 and was at its lowest, 0.4539, in 1995.

That places Burundi 27th out of 53 countries with data for 2011, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4836 0.4539 0.5171 5
2000s 0.5155 0.4775 0.5633 10
2010s 0.5108 0.5049 0.5166 2

Countries ranked near Burundi

  1. 24 Sudan 0.5119 compare
  2. 25 Burkina Faso 0.5119 compare
  3. 26 Cote d'Ivoire 0.5061 compare
  4. 28 Ethiopia 0.5033 compare
  5. 29 Sao Tome and Principe 0.4984 compare
  6. 30 Tanzania 0.4977 compare

See the full ranking of 55 places →

More trade data for Burundi

All data for Burundi →

Frequently asked questions

What is import product diversification index in Burundi?
Import product diversification index in Burundi was 0.5049 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 diversification index recorded in Burundi?
The highest recorded value was 0.5633 in 2007.
What is the lowest import product diversification index recorded in Burundi?
The lowest recorded value was 0.4539 in 1995.
How does Burundi rank for import product diversification index?
Burundi ranks 27th out of 53 countries with data for 2011.
Is import product diversification index rising or falling in Burundi?
Over the last ten years it is up 5.7%. The long-run trend across the full record is rising.
Where does this Burundi 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 diversification 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 diversification 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

The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.