Export product diversification index for Libya

Indicator Definition:
The diversification index signals whether the structure of exports by product of a given country or group of countries differ from the structure of product of the world. Diversification index is computed by measuring absolute deviation of the country share from world structure. 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).

The indicator "Export product diversification index" stands at 0.785 as of 12/31/2011, the lowest value at least since 12/31/1996, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -2.59 percent compared to the value the year prior.
The 1 year change in percent is -2.59.
The 3 year change in percent is -1.40.
The 5 year change in percent is -2.84.
The 10 year change in percent is -3.85.

The Serie's long term average value is 0.812. It's latest available value, on 12/31/2011, is 3.33 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2011, to it's latest available value, on 12/31/2011, is +0.0%.
The Serie's change in percent from it's maximum value, on 12/31/2003, to it's latest available value, on 12/31/2011, is -5.90%.