Bermuda vs India: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bermuda
- India
How they compare
India currently reports 0.4907 index against 0.4825 index in Bermuda, a difference of 0.0082 index.
The two have swapped places 1 time across 8 shared years of data; in 2012 it was Bermuda ahead.
Bermuda ranks 55th and India ranks 54th of 163 countries.
Bermuda has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bermuda or India?
- India, at 0.4907 index against 0.4825 index in Bermuda as of 2019.
- What is the difference in comparative advantage in environmental goods between Bermuda and India?
- 0.0082 index, with India ahead.
- How many years of comparable data are there for Bermuda and India?
- 8 years are reported by both, from 2012 to 2019.
- How do Bermuda and India rank globally for comparative advantage in environmental goods?
- Bermuda ranks 55th and India ranks 54th 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.