Import product diversification index in Guinea-Bissau
Guinea-Bissau: Import product diversification index was 0.5776 in 2011. ▲ Rising
Import product diversification index in Guinea-Bissau, 1995–2011
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 Guinea-Bissau stood at 0.5776.
That represents a change of up 0.4% on the previous year and up 11.1% over ten years.
Over the whole period, import product diversification index in Guinea-Bissau peaked at 0.6216 in 2005 and was at its lowest, 0.4835, in 1996.
That places Guinea-Bissau 9th out of 53 countries with data for 2011, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.508 | 0.4835 | 0.5313 | 5 |
| 2000s | 0.5557 | 0.4872 | 0.6216 | 10 |
| 2010s | 0.5765 | 0.5755 | 0.5776 | 2 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 90,000 FAO, current US$ (2010)
- Food imports excluding fish 73.04 million FAO, current US$ (2010)
- Total agricultural imports 90.74 million FAO, current US$ (2010)
- Cereal imports 26.61 million FAO, current US$ (2010)
- Cereal imports quantity 63,364 FAO, tonnes (2010)
- Total agricultural exports 57.87 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 129.91 million current US$ (2011)
Frequently asked questions
- What is import product diversification index in Guinea-Bissau?
- Import product diversification index in Guinea-Bissau was 0.5776 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 Guinea-Bissau?
- The highest recorded value was 0.6216 in 2005.
- What is the lowest import product diversification index recorded in Guinea-Bissau?
- The lowest recorded value was 0.4835 in 1996.
- How does Guinea-Bissau rank for import product diversification index?
- Guinea-Bissau ranks 9th out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Guinea-Bissau?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau 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.