Austria vs South Korea: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Austria
- South Korea
How they compare
South Korea currently reports 1.39 index against 1.39 index in Austria, a difference of 0 index.
The two have swapped places 1 time across 22 shared years of data; in 1998 it was Austria ahead.
Austria ranks 11th and South Korea ranks 10th of 163 countries.
Austria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Austria | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.34 index | 0.4785 index | 0.8656 index | Austria |
| 2000s | 1.27 index | 0.623 index | 0.6493 index | Austria |
| 2010s | 1.37 index | 1.17 index | 0.2088 index | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Austria or South Korea?
- South Korea, at 1.39 index against 1.39 index in Austria as of 2019.
- What is the difference in comparative advantage in environmental goods between Austria and South Korea?
- 0 index, with South Korea ahead.
- How many years of comparable data are there for Austria and South Korea?
- 22 years are reported by both, from 1998 to 2019.
- How do Austria and South Korea rank globally for comparative advantage in environmental goods?
- Austria ranks 11th and South Korea ranks 10th 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
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.