Import product diversification index in Libya
Libya: Import product diversification index was 0.4619 in 2011. ▲ Rising
Import product diversification index in Libya, 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 Libya stood at 0.4619.
The figure is up 1.0% on the previous year and down 1.4% over ten years.
Over the whole period, import product diversification index in Libya peaked at 0.4946 in 2004 and was at its lowest, 0.3725, in 1996.
That places Libya 42nd out of 53 countries with data for 2011, putting it in the bottom 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 | 0.3845 | 0.3725 | 0.3953 | 5 |
| 2000s | 0.4572 | 0.4331 | 0.4946 | 10 |
| 2010s | 0.4597 | 0.4574 | 0.4619 | 2 |
Countries ranked near Libya
More trade data for Libya
- Net long-term borrowing 642.00 million BoP, current US$ (2011)
- Pesticides imports 15.90 million FAO, current US$ (2010)
- Food imports excluding fish 1.90 billion FAO, current US$ (2010)
- Total agricultural imports 2.22 billion FAO, current US$ (2010)
- Cereal imports 705.16 million FAO, current US$ (2010)
- Cereal imports quantity 2.90 million FAO, tonnes (2010)
- Total agricultural exports 7.16 million FAO, current US$ (2010)
- Cereal exports 37,000 FAO, current US$ (2010)
- Cereal exports quantity 29 FAO, tonnes (2010)
- Agricultural tractors, imports 4.62 million FAO, current US$ (2007)
Frequently asked questions
- What is import product diversification index in Libya?
- Import product diversification index in Libya was 0.4619 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 Libya?
- The highest recorded value was 0.4946 in 2004.
- What is the lowest import product diversification index recorded in Libya?
- The lowest recorded value was 0.3725 in 1996.
- How does Libya rank for import product diversification index?
- Libya ranks 42nd out of 53 countries with data for 2011.
- Is import product diversification index rising or falling in Libya?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
- Where does this Libya 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.