Canada vs Spain: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Canada
- Spain
How they compare
Spain currently reports 0.7422 index against 0.7003 index in Canada, a difference of 0.0419 index.
That makes Spain's figure about 1.1 times Canada's.
The two have swapped places 2 times across 22 shared years of data; in 1998 it was Spain ahead.
Canada ranks 43rd and Spain ranks 40th of 163 countries.
Spain has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.7229 index | 0.7555 index | 0.0326 index | Spain |
| 2000s | 0.7675 index | 0.8368 index | 0.0693 index | Spain |
| 2010s | 0.7204 index | 0.7985 index | 0.0781 index | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Canada or Spain?
- Spain, at 0.7422 index against 0.7003 index in Canada as of 2019.
- What is the difference in comparative advantage in environmental goods between Canada and Spain?
- 0.0419 index, with Spain ahead.
- How many years of comparable data are there for Canada and Spain?
- 22 years are reported by both, from 1998 to 2019.
- How do Canada and Spain rank globally for comparative advantage in environmental goods?
- Canada ranks 43rd and Spain ranks 40th 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.