Intensive Margin, Theil index in Nigeria
Nigeria: Intensive Margin, Theil index was 4.84 in 2014. ▲ Rising
Intensive Margin, Theil index in Nigeria, 1962–2014
Source: International Monetary Fund.
Analysis
In 2014, intensive margin, theil index in Nigeria stood at 4.84.
That represents a change of down 3.2% on the previous year and down 6.5% over ten years.
Over the whole period, intensive margin, theil index in Nigeria peaked at 5.42 in 1982 and was at its lowest, 2.93, in 1964.
Nigeria ranks 21st of 189 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.09 | 2.93 | 3.39 | 8 |
| 1970s | 4.87 | 3.87 | 5.26 | 10 |
| 1980s | 5.3 | 5.12 | 5.42 | 10 |
| 1990s | 5.15 | 4.96 | 5.3 | 10 |
| 2000s | 5.14 | 4.99 | 5.26 | 10 |
| 2010s | 4.85 | 4.77 | 5 | 5 |
Countries ranked near Nigeria
- 18 Libya 4.85 compare
- 19 Solomon Islands 4.85 compare
- 20 Venezuela, República Bolivariana de 4.85 compare
- 22 São Tomé and Príncipe, Democratic Republic of 4.81 compare
- 23 Malawi 4.78 compare
- 24 Algeria 4.75 compare
More trade data for Nigeria
- Extensive Margin, Theil index 0.7767 (2014)
- Export Diversification, Theil index 5.62 (2014)
- Total current account debit/expenditure, Debit/Expenditure 68.62 billion (2024)
- Goods, Debit/Expenditure 39.80 billion (2024)
- Primary income, Debit/Expenditure 10.51 billion (2024)
- Services, Debit/Expenditure 17.93 billion (2024)
- Secondary income, Debit/Expenditure 380.46 million (2024)
- Milking, dairy machinery (trade) — Import Value 4,425 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 5,185 1000 USD (2005)
- Pedestrian controlled tractors (single axle tractors) — Import Value 686 1000 USD (2007)
Frequently asked questions
- What is intensive margin, theil index in Nigeria?
- Intensive margin, theil index in Nigeria was 4.84 in 2014, according to International Monetary Fund.
- What is the highest intensive margin, theil index recorded in Nigeria?
- The highest recorded value was 5.42 in 1982.
- What is the lowest intensive margin, theil index recorded in Nigeria?
- The lowest recorded value was 2.93 in 1964.
- How does Nigeria rank for intensive margin, theil index?
- Nigeria ranks 21st out of 189 countries with data for 2014.
- Is intensive margin, theil index rising or falling in Nigeria?
- Over the last ten years it is down 6.5%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Intensive Margin, Theil index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.