Import product diversification index in Madagascar

Madagascar: Import product diversification index was 0.5164 in 2011. ▲ Rising

Latest (2011)
0.5164
Change on year
up 5.8%
World rank
23rd
of 53 countries
All-time high
0.5381
in 2009
All-time low
0.3971
in 1998
Years of data
17
1995–2011

Import product diversification index in Madagascar, 1995–2011

00.20.40.61995200320111995: 0.4061996: 0.4131997: 0.4111998: 0.3971999: 0.4062000: 0.4852001: 0.4462002: 0.4782003: 0.4462004: 0.5182005: 0.5252006: 0.5242007: 0.522008: 0.5082009: 0.5382010: 0.4882011: 0.516

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 Madagascar stood at 0.5164.

That represents a change of up 5.8% on the previous year and up 15.7% over ten years.

Over the whole period, import product diversification index in Madagascar peaked at 0.5381 in 2009 and was at its lowest, 0.3971, in 1998.

That places Madagascar 23rd out of 53 countries with data for 2011, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4067 0.3971 0.413 5
2000s 0.4989 0.4461 0.5381 10
2010s 0.5021 0.4879 0.5164 2

Countries ranked near Madagascar

  1. 20 Guinea 0.5207 compare
  2. 21 Niger 0.5194 compare
  3. 22 Djibouti 0.5169 compare
  4. 24 Sudan 0.5119 compare
  5. 25 Burkina Faso 0.5119 compare
  6. 26 Cote d'Ivoire 0.5061 compare

See the full ranking of 55 places →

More trade data for Madagascar

All data for Madagascar →

Frequently asked questions

What is import product diversification index in Madagascar?
Import product diversification index in Madagascar was 0.5164 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 Madagascar?
The highest recorded value was 0.5381 in 2009.
What is the lowest import product diversification index recorded in Madagascar?
The lowest recorded value was 0.3971 in 1998.
How does Madagascar rank for import product diversification index?
Madagascar ranks 23rd out of 53 countries with data for 2011.
Is import product diversification index rising or falling in Madagascar?
Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
Where does this Madagascar 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

Indicator
Import product diversification index
Source
UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 935 data points, 1995–2011
Last refreshed

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.