Barbados vs Dominican Republic: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Barbados
- Dominican Republic
How they compare
Barbados currently reports 0.3786 index against 0.3688 index in Dominican Republic, a difference of 0.0098 index.
The two have swapped places 2 times across 18 shared years of data; in 2001 it was Barbados ahead.
Barbados ranks 69th and Dominican Republic ranks 70th of 163 countries.
Across the 2 decades both report, Barbados averaged higher in 1 and Dominican Republic in 1.
Head to head by decade
| Decade | Barbados | Dominican Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7232 index | 0.1787 index | 0.5445 index | Barbados |
| 2010s | 0.3659 index | 0.3865 index | 0.0206 index | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Barbados or Dominican Republic?
- Barbados, at 0.3786 index against 0.3688 index in Dominican Republic as of 2019.
- What is the difference in comparative advantage in environmental goods between Barbados and Dominican Republic?
- 0.0098 index, with Barbados ahead.
- How many years of comparable data are there for Barbados and Dominican Republic?
- 18 years are reported by both, from 2001 to 2018.
- How do Barbados and Dominican Republic rank globally for comparative advantage in environmental goods?
- Barbados ranks 69th and Dominican Republic ranks 70th 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.