Armenia vs Australia: Comparative advantage in environmental goods

Armenia
0.1481 index
in 2019
Australia
0.1567 index
in 2019
Armenia rank
104th
Australia rank
102nd

Comparative advantage in environmental goods over time

  • Armenia
  • Australia
0.10.20.30.4199820082019

How they compare

Australia currently reports 0.1567 index against 0.1481 index in Armenia, a difference of 0.0086 index.

That makes Australia's figure about 1.1 times Armenia's.

The two have swapped places 6 times across 21 shared years of data; in 1999 it was Australia ahead.

Armenia ranks 104th and Australia ranks 102nd of 163 countries.

Australia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Armenia Australia Difference Ahead
1990s 0.2731 index 0.3517 index 0.0786 index Australia
2000s 0.2307 index 0.3623 index 0.1316 index Australia
2010s 0.2182 index 0.2262 index 0.008 index Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher comparative advantage in environmental goods, Armenia or Australia?
Australia, at 0.1567 index against 0.1481 index in Armenia as of 2019.
What is the difference in comparative advantage in environmental goods between Armenia and Australia?
0.0086 index, with Australia ahead.
How many years of comparable data are there for Armenia and Australia?
21 years are reported by both, from 1999 to 2019.
How do Armenia and Australia rank globally for comparative advantage in environmental goods?
Armenia ranks 104th and Australia ranks 102nd of 163 countries.
Where does this data come from?
IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations, published as Comparative advantage in environmental goods (index). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Comparative advantage in environmental goods (index)
Unit
index
Source
IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
163 places, 3,076 data points, 1998–2019
Last refreshed

Environmental goods include both goods connected to environmental protection—such as goods related to pollution management and resource management—and adapted goods—which are goods that have been specifically modified to be more “environmentally friendly” or “cleaner.” Comparative advantage is a measure of the relative advantage or disadvantage a particular country has in a certain class of goods (in this case, environmental goods), and can be used to evaluate export potential in that class of goods. Environmental goods include both goods connected to environmental protection—such as goods related to pollution management and resource management—and adapted goods—which are goods that have been specifically modified to be more “environmentally friendly” or “cleaner.” A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.