Import product diversification index in Equatorial Guinea
Equatorial Guinea: Import product diversification index was 0.4785 in 2011. ▼ Falling
Import product diversification index in Equatorial Guinea, 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 Equatorial Guinea is 0.4785, measured in 2011. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 8.6% on the previous year and down 19.8% over ten years.
Over the whole period, import product diversification index in Equatorial Guinea peaked at 0.6809 in 2003 and was at its lowest, 0.4785, in 2011.
Equatorial Guinea ranks 33rd of 53 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.595 | 0.5532 | 0.6538 | 5 |
| 2000s | 0.5823 | 0.5301 | 0.6809 | 10 |
| 2010s | 0.501 | 0.4785 | 0.5235 | 2 |
Countries ranked near Equatorial Guinea
More trade data for Equatorial Guinea
- Net long-term borrowing 0 BoP, current US$ (2011)
- Food imports excluding fish 61.25 million FAO, current US$ (2010)
- Total agricultural imports 136.83 million FAO, current US$ (2010)
- Cereal imports 11.43 million FAO, current US$ (2010)
- Cereal imports quantity 29,336 FAO, tonnes (2010)
- Total agricultural exports 2.32 million FAO, current US$ (2010)
- Merchandise exports, WB 9.78 billion current US$ (2010)
- Other long-term inflows, net 0 BoP, current US$ (1999)
- Other capital flows, net 278.73 million BoP, current US$ (1999)
- Manufactures exports 0 current US$ (2003)
Frequently asked questions
- What is import product diversification index in Equatorial Guinea?
- Import product diversification index in Equatorial Guinea was 0.4785 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 Equatorial Guinea?
- The highest recorded value was 0.6809 in 2003.
- What is the lowest import product diversification index recorded in Equatorial Guinea?
- The lowest recorded value was 0.4785 in 2011.
- How does Equatorial Guinea rank for import product diversification index?
- Equatorial Guinea ranks 33rd out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Equatorial Guinea?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is falling.
- Where does this Equatorial Guinea 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
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.