Barbados vs Costa Rica: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Barbados
- Costa Rica
How they compare
Barbados currently reports 0.3786 index against 0.3497 index in Costa Rica, a difference of 0.0289 index.
That makes Barbados's figure about 1.1 times Costa Rica's.
The two have swapped places 2 times across 22 shared years of data; in 1998 it was Barbados ahead.
Barbados ranks 69th and Costa Rica ranks 71st of 163 countries.
Across the 3 decades both report, Barbados averaged higher in 2 and Costa Rica in 1.
Head to head by decade
| Decade | Barbados | Costa Rica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.6866 index | 0.3065 index | 0.3802 index | Barbados |
| 2000s | 0.7257 index | 0.3833 index | 0.3423 index | Barbados |
| 2010s | 0.3672 index | 0.4165 index | 0.0493 index | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Barbados or Costa Rica?
- Barbados, at 0.3786 index against 0.3497 index in Costa Rica as of 2019.
- What is the difference in comparative advantage in environmental goods between Barbados and Costa Rica?
- 0.0289 index, with Barbados ahead.
- How many years of comparable data are there for Barbados and Costa Rica?
- 22 years are reported by both, from 1998 to 2019.
- How do Barbados and Costa Rica rank globally for comparative advantage in environmental goods?
- Barbados ranks 69th and Costa Rica ranks 71st 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.