Import product diversification index in Ghana
Ghana: Import product diversification index was 0.4644 in 2011. ▼ Falling
Import product diversification index in Ghana, 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 Ghana is 0.4644, measured in 2011. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 22.9% on the previous year and up 10.8% over ten years.
Over the whole period, import product diversification index in Ghana peaked at 0.4644 in 2011 and was at its lowest, 0.3621, in 2009.
That places Ghana 41st out of 53 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4267 | 0.3972 | 0.4618 | 5 |
| 2000s | 0.4026 | 0.3621 | 0.4402 | 10 |
| 2010s | 0.4212 | 0.3779 | 0.4644 | 2 |
Countries ranked near Ghana
More trade data for Ghana
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 370.87 million FAO, current US$ (2011)
- Lead time to export, median case 1 days (2018)
- Food imports excluding fish 1.13 billion FAO, current US$ (2010)
- Total agricultural imports 1.21 billion FAO, current US$ (2010)
- Cereal imports 333.83 million FAO, current US$ (2010)
- Cereal imports quantity 685,409 FAO, tonnes (2010)
- Total agricultural exports 1.23 billion FAO, current US$ (2010)
- Cereal exports 11.86 million FAO, current US$ (2010)
- Cereal exports quantity 8,823 FAO, tonnes (2010)
Frequently asked questions
- What is import product diversification index in Ghana?
- Import product diversification index in Ghana was 0.4644 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 Ghana?
- The highest recorded value was 0.4644 in 2011.
- What is the lowest import product diversification index recorded in Ghana?
- The lowest recorded value was 0.3621 in 2009.
- How does Ghana rank for import product diversification index?
- Ghana ranks 41st out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Ghana?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is falling.
- Where does this Ghana 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.