Import product diversification index in Cape Verde
Cape Verde: Import product diversification index was 0.5316 in 2011. ▬ Flat
Import product diversification index in Cape Verde, 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 diversification index in Cape Verde is 0.5316, measured in 2011.
That represents a change of up 12.6% on the previous year and up 11.3% over ten years.
Over the whole period, import product diversification index in Cape Verde peaked at 0.5325 in 1996 and was at its lowest, 0.4301, in 2000.
Cape Verde ranks 15th of 53 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4846 | 0.4528 | 0.5325 | 5 |
| 2000s | 0.4792 | 0.4301 | 0.5085 | 10 |
| 2010s | 0.5018 | 0.472 | 0.5316 | 2 |
Countries ranked near Cape Verde
More trade data for Cape Verde
- Net long-term borrowing 15.22 million BoP, current US$ (2011)
- Pesticides imports 1.36 million FAO, current US$ (2011)
- Food imports excluding fish 171.26 million FAO, current US$ (2010)
- Total agricultural imports 204.45 million FAO, current US$ (2010)
- Cereal imports 37.84 million FAO, current US$ (2010)
- Cereal imports quantity 84,489 FAO, tonnes (2010)
- Total agricultural exports 965,000 FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 105.31 million current US$ (2010)
Frequently asked questions
- What is import product diversification index in Cape Verde?
- Import product diversification index in Cape Verde was 0.5316 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 Cape Verde?
- The highest recorded value was 0.5325 in 1996.
- What is the lowest import product diversification index recorded in Cape Verde?
- The lowest recorded value was 0.4301 in 2000.
- How does Cape Verde rank for import product diversification index?
- Cape Verde ranks 15th out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Cape Verde?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is flat.
- Where does this Cape Verde 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.
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About this data
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.