Chile vs Colombia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Chile
- Colombia
How they compare
Chile currently reports 0.1356 index against 0.1207 index in Colombia, a difference of 0.0149 index.
That makes Chile's figure about 1.1 times Colombia's.
The two have swapped places 2 times across 22 shared years of data; in 1998 it was Chile ahead.
Chile ranks 106th and Colombia ranks 109th of 163 countries.
Across the 3 decades both report, Chile averaged higher in 2 and Colombia in 1.
Head to head by decade
| Decade | Chile | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.3566 index | 0.1877 index | 0.1689 index | Chile |
| 2000s | 0.4575 index | 0.2307 index | 0.2267 index | Chile |
| 2010s | 0.1345 index | 0.1389 index | 0.0044 index | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Chile or Colombia?
- Chile, at 0.1356 index against 0.1207 index in Colombia as of 2019.
- What is the difference in comparative advantage in environmental goods between Chile and Colombia?
- 0.0149 index, with Chile ahead.
- How many years of comparable data are there for Chile and Colombia?
- 22 years are reported by both, from 1998 to 2019.
- How do Chile and Colombia rank globally for comparative advantage in environmental goods?
- Chile ranks 106th and Colombia ranks 109th 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.