Import product diversification index in Malawi

Malawi: Import product diversification index was 0.5282 in 2011. ▲ Rising

Latest (2011)
0.5282
Change on year
up 3.1%
World rank
17th
of 53 countries
All-time high
0.5433
in 2005
All-time low
0.4583
in 1998
Years of data
17
1995–2011

Import product diversification index in Malawi, 1995–2011

00.20.40.61995200320111995: 0.4841996: 0.4621997: 0.4681998: 0.4581999: 0.5052000: 0.5122001: 0.4782002: 0.5112003: 0.5262004: 0.5322005: 0.5432006: 0.482007: 0.5062008: 0.5132009: 0.4762010: 0.5122011: 0.528

Source: UNCTAD Statistical Office, also reported in the UNCTAD Handbook of Statistics, various issues (http://unctadstat.unctad.org/).

Analysis

Malawi recorded 0.5282 for import product diversification index in 2011.

Compared with earlier readings it is up 3.1% on the previous year and up 10.4% over ten years.

Over the whole period, import product diversification index in Malawi peaked at 0.5433 in 2005 and was at its lowest, 0.4583, in 1998.

Malawi ranks 17th of 53 countries on this measure, 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 0.4754 0.4583 0.5048 5
2000s 0.5078 0.4756 0.5433 10
2010s 0.5203 0.5124 0.5282 2

Countries ranked near Malawi

  1. 14 Lesotho 0.5341 compare
  2. 15 Cape Verde 0.5316 compare
  3. 16 Congo 0.5312 compare
  4. 18 Central African Republic 0.5248 compare
  5. 19 Mali 0.5208 compare
  6. 20 Guinea 0.5207 compare

See the full ranking of 55 places →

More trade data for Malawi

All data for Malawi →

Frequently asked questions

What is import product diversification index in Malawi?
Import product diversification index in Malawi was 0.5282 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 Malawi?
The highest recorded value was 0.5433 in 2005.
What is the lowest import product diversification index recorded in Malawi?
The lowest recorded value was 0.4583 in 1998.
How does Malawi rank for import product diversification index?
Malawi ranks 17th out of 53 countries with data for 2011.
Is import product diversification index rising or falling in Malawi?
Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
Where does this Malawi 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.