Import product diversification index in Gambia
Gambia: Import product diversification index was 0.6075 in 2011. ▲ Rising
Import product diversification index in Gambia, 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 Gambia is 0.6075, measured in 2011. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 10.9% over ten years.
Over the whole period, import product diversification index in Gambia peaked at 0.6075 in 2011 and was at its lowest, 0.5215, in 1997.
Gambia ranks 4th of 53 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5527 | 0.5215 | 0.5725 | 5 |
| 2000s | 0.5677 | 0.5425 | 0.5899 | 10 |
| 2010s | 0.5994 | 0.5913 | 0.6075 | 2 |
Countries ranked near Gambia
More trade data for Gambia
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 804,330 FAO, current US$ (2011)
- Food imports excluding fish 137.43 million FAO, current US$ (2010)
- Total agricultural imports 173.89 million FAO, current US$ (2010)
- Cereal imports 56.40 million FAO, current US$ (2010)
- Cereal imports quantity 266,252 FAO, tonnes (2010)
- Total agricultural exports 27.94 million FAO, current US$ (2010)
- Cereal exports 23,000 FAO, current US$ (2010)
- Cereal exports quantity 66 FAO, tonnes (2010)
- Merchandise exports, WB 119.00 million current US$ (2011)
Frequently asked questions
- What is import product diversification index in Gambia?
- Import product diversification index in Gambia was 0.6075 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 Gambia?
- The highest recorded value was 0.6075 in 2011.
- What is the lowest import product diversification index recorded in Gambia?
- The lowest recorded value was 0.5215 in 1997.
- How does Gambia rank for import product diversification index?
- Gambia ranks 4th out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Gambia?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this Gambia 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.