This statistic shows the Latin American cities with the most diversified economies in 2015, according to the Herfindahl-Hirschman index score. This index shows the degree of diversification of economies, with 0 being the maximum level of diversification and 10,000 the maximum level of concentration. In 2015, the Ecuadorian city of Guayaquil had the most diversified economy, with an index score of 1,992, followed by another Ecuadorian city, Quito, with an index score of 2,105.
Cities in Latin America with the most diversified economies in 2015, by Herfindahl-Hirschman index score
On a scale from 0 (maximum diversification) to 10,000 (maximum concentration)
Supplementary notes
The source provides the following additional information: "The Herfindahl-Hirschman Index (HHI) is a tool that helps quantify the level of economic diversification of a city. The HHI is commonly used to measure market concentration to guard against monopolistic tendencies of companies (...) The maximum value of HHI is 10,000, which would indicate that an urban economy is made up of only one sector".
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Euromonitor. (January 1, 2017). Cities in Latin America with the most diversified economies in 2015, by Herfindahl-Hirschman index score [Graph]. In Statista. Retrieved May 27, 2022, from https://www.statista.com/statistics/828105/cities-latam-most-diversified-economies/
Euromonitor. "Cities in Latin America with the most diversified economies in 2015, by Herfindahl-Hirschman index score." Chart. January 1, 2017. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/828105/cities-latam-most-diversified-economies/
Euromonitor. (2017). Cities in Latin America with the most diversified economies in 2015, by Herfindahl-Hirschman index score. Statista. Statista Inc.. Accessed: May 27, 2022. https://www.statista.com/statistics/828105/cities-latam-most-diversified-economies/
Euromonitor. "Cities in Latin America with The Most Diversified Economies in 2015, by Herfindahl-hirschman Index Score." Statista, Statista Inc., 1 Jan 2017, https://www.statista.com/statistics/828105/cities-latam-most-diversified-economies/
Euromonitor, Cities in Latin America with the most diversified economies in 2015, by Herfindahl-Hirschman index score Statista, https://www.statista.com/statistics/828105/cities-latam-most-diversified-economies/ (last visited May 27, 2022)
