Bahrain vs Grenada: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bahrain
- Grenada
How they compare
Bahrain currently reports 0.2743 index against 0.2568 index in Grenada, a difference of 0.0175 index.
That makes Bahrain's figure about 1.1 times Grenada's.
The two have swapped places 2 times across 7 shared years of data; in 2002 it was Bahrain ahead.
Bahrain ranks 81st and Grenada ranks 84th of 163 countries.
Grenada has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bahrain or Grenada?
- Bahrain, at 0.2743 index against 0.2568 index in Grenada as of 2018.
- What is the difference in comparative advantage in environmental goods between Bahrain and Grenada?
- 0.0175 index, with Bahrain ahead.
- How many years of comparable data are there for Bahrain and Grenada?
- 7 years are reported by both, from 2002 to 2008.
- How do Bahrain and Grenada rank globally for comparative advantage in environmental goods?
- Bahrain ranks 81st and Grenada ranks 84th 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.