Bosnia and Herzegovina vs Serbia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Bosnia and Herzegovina
- Serbia
How they compare
Bosnia and Herzegovina currently reports 0.8972 index against 0.8086 index in Serbia, a difference of 0.0886 index.
That makes Bosnia and Herzegovina's figure about 1.1 times Serbia's.
Across all 14 years both countries report, Bosnia and Herzegovina has been ahead every year.
Bosnia and Herzegovina ranks 35th and Serbia ranks 38th of 163 countries.
Bosnia and Herzegovina has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bosnia and Herzegovina | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.5 index | 0.7534 index | 0.7478 index | Bosnia and Herzegovina |
| 2010s | 0.8519 index | 0.7053 index | 0.1466 index | Bosnia and Herzegovina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Bosnia and Herzegovina or Serbia?
- Bosnia and Herzegovina, at 0.8972 index against 0.8086 index in Serbia as of 2019.
- What is the difference in comparative advantage in environmental goods between Bosnia and Herzegovina and Serbia?
- 0.0886 index, with Bosnia and Herzegovina ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Serbia?
- 14 years are reported by both, from 2006 to 2019.
- How do Bosnia and Herzegovina and Serbia rank globally for comparative advantage in environmental goods?
- Bosnia and Herzegovina ranks 35th and Serbia ranks 38th 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.