Bolivia vs Venezuela: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bolivia
- Venezuela
How they compare
Venezuela currently reports 0.1775 index against 0.1517 index in Bolivia, a difference of 0.0258 index.
That makes Venezuela's figure about 1.2 times Bolivia's.
The two have swapped places 4 times across 15 shared years of data; in 1998 it was Venezuela ahead.
Bolivia ranks 103rd and Venezuela ranks 100th of 163 countries.
Across the 3 decades both report, Bolivia averaged higher in 2 and Venezuela in 1.
Head to head by decade
| Decade | Bolivia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1602 index | 0.2515 index | 0.0912 index | Venezuela |
| 2000s | 0.1981 index | 0.1669 index | 0.0312 index | Bolivia |
| 2010s | 0.1695 index | 0.1026 index | 0.0668 index | Bolivia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bolivia or Venezuela?
- Venezuela, at 0.1775 index against 0.1517 index in Bolivia as of 2013.
- What is the difference in comparative advantage in environmental goods between Bolivia and Venezuela?
- 0.0258 index, with Venezuela ahead.
- How many years of comparable data are there for Bolivia and Venezuela?
- 15 years are reported by both, from 1998 to 2013.
- How do Bolivia and Venezuela rank globally for comparative advantage in environmental goods?
- Bolivia ranks 103rd and Venezuela ranks 100th 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.