Croatia vs Latvia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Croatia
- Latvia
How they compare
Croatia currently reports 0.6596 index against 0.6188 index in Latvia, a difference of 0.0408 index.
That makes Croatia's figure about 1.1 times Latvia's.
The two have swapped places 6 times across 22 shared years of data; in 1998 it was Croatia ahead.
Croatia ranks 46th and Latvia ranks 47th of 163 countries.
Croatia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Croatia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.5584 index | 0.3309 index | 0.2275 index | Croatia |
| 2000s | 0.7585 index | 0.6798 index | 0.0787 index | Croatia |
| 2010s | 0.8221 index | 0.6588 index | 0.1633 index | Croatia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Croatia or Latvia?
- Croatia, at 0.6596 index against 0.6188 index in Latvia as of 2019.
- What is the difference in comparative advantage in environmental goods between Croatia and Latvia?
- 0.0408 index, with Croatia ahead.
- How many years of comparable data are there for Croatia and Latvia?
- 22 years are reported by both, from 1998 to 2019.
- How do Croatia and Latvia rank globally for comparative advantage in environmental goods?
- Croatia ranks 46th and Latvia ranks 47th 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.