Bahamas vs Hong Kong (China): Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bahamas
- Hong Kong (China)
How they compare
Hong Kong (China) currently reports 0.5788 index against 0.5585 index in Bahamas, a difference of 0.0203 index.
The two have swapped places 3 times across 21 shared years of data; in 1998 it was Bahamas ahead.
Bahamas ranks 50th and Hong Kong (China) ranks 49th of 163 countries.
Across the 3 decades both report, Bahamas averaged higher in 1 and Hong Kong (China) in 2.
Head to head by decade
| Decade | Bahamas | Hong Kong (China) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.13 index | 0.5494 index | 0.5764 index | Bahamas |
| 2000s | 0.2661 index | 0.5629 index | 0.2968 index | Hong Kong (China) |
| 2010s | 0.3679 index | 0.5815 index | 0.2136 index | Hong Kong (China) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bahamas or Hong Kong (China)?
- Hong Kong (China), at 0.5788 index against 0.5585 index in Bahamas as of 2019.
- What is the difference in comparative advantage in environmental goods between Bahamas and Hong Kong (China)?
- 0.0203 index, with Hong Kong (China) ahead.
- How many years of comparable data are there for Bahamas and Hong Kong (China)?
- 21 years are reported by both, from 1998 to 2018.
- How do Bahamas and Hong Kong (China) rank globally for comparative advantage in environmental goods?
- Bahamas ranks 50th and Hong Kong (China) ranks 49th 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.
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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.