Bosnia and Herzegovina vs Mexico: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bosnia and Herzegovina
- Mexico
How they compare
Mexico currently reports 0.9441 index against 0.8972 index in Bosnia and Herzegovina, a difference of 0.0469 index.
That makes Mexico's figure about 1.1 times Bosnia and Herzegovina's.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 35th and Mexico ranks 32nd of 163 countries.
Across the 2 decades both report, Bosnia and Herzegovina averaged higher in 1 and Mexico in 1.
Head to head by decade
| Decade | Bosnia and Herzegovina | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.61 index | 1.19 index | 0.42 index | Bosnia and Herzegovina |
| 2010s | 0.8519 index | 1.14 index | 0.286 index | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bosnia and Herzegovina or Mexico?
- Mexico, at 0.9441 index against 0.8972 index in Bosnia and Herzegovina as of 2019.
- What is the difference in comparative advantage in environmental goods between Bosnia and Herzegovina and Mexico?
- 0.0469 index, with Mexico ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Mexico?
- 17 years are reported by both, from 2003 to 2019.
- How do Bosnia and Herzegovina and Mexico rank globally for comparative advantage in environmental goods?
- Bosnia and Herzegovina ranks 35th and Mexico ranks 32nd 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.