Colombia vs Honduras: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Colombia
- Honduras
How they compare
Honduras currently reports 0.1238 index against 0.1207 index in Colombia, a difference of 0.0031 index.
The two have swapped places 2 times across 19 shared years of data; in 1998 it was Honduras ahead.
Colombia ranks 109th and Honduras ranks 108th of 163 countries.
Honduras has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | Honduras | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1877 index | 0.3297 index | 0.142 index | Honduras |
| 2000s | 0.2333 index | 0.3288 index | 0.0955 index | Honduras |
| 2010s | 0.1409 index | 0.2102 index | 0.0693 index | Honduras |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Colombia or Honduras?
- Honduras, at 0.1238 index against 0.1207 index in Colombia as of 2019.
- What is the difference in comparative advantage in environmental goods between Colombia and Honduras?
- 0.0031 index, with Honduras ahead.
- How many years of comparable data are there for Colombia and Honduras?
- 19 years are reported by both, from 1998 to 2019.
- How do Colombia and Honduras rank globally for comparative advantage in environmental goods?
- Colombia ranks 109th and Honduras ranks 108th 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.