Bhutan vs Grenada: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bhutan
- Grenada
How they compare
Grenada currently reports 0.2568 index against 0.2415 index in Bhutan, a difference of 0.0153 index.
That makes Grenada's figure about 1.1 times Bhutan's.
The two have swapped places 2 times across 6 shared years of data; in 1998 it was Grenada ahead.
Bhutan ranks 87th and Grenada ranks 84th of 163 countries.
Grenada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bhutan | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1147 index | 0.9608 index | 0.8461 index | Grenada |
| 2000s | 0.1372 index | 0.1491 index | 0.0119 index | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bhutan or Grenada?
- Grenada, at 0.2568 index against 0.2415 index in Bhutan as of 2008.
- What is the difference in comparative advantage in environmental goods between Bhutan and Grenada?
- 0.0153 index, with Grenada ahead.
- How many years of comparable data are there for Bhutan and Grenada?
- 6 years are reported by both, from 1998 to 2008.
- How do Bhutan and Grenada rank globally for comparative advantage in environmental goods?
- Bhutan ranks 87th 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.
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.