Dominica vs Iceland: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Dominica
- Iceland
How they compare
Iceland currently reports 0.0631 index against 0.0579 index in Dominica, a difference of 0.0052 index.
That makes Iceland's figure about 1.1 times Dominica's.
The two have swapped places 7 times across 13 shared years of data; in 1999 it was Dominica ahead.
Dominica ranks 130th and Iceland ranks 129th of 163 countries.
Across the 3 decades both report, Dominica averaged higher in 2 and Iceland in 1.
Head to head by decade
| Decade | Dominica | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0714 index | 0.0595 index | 0.012 index | Dominica |
| 2000s | 0.0672 index | 0.1013 index | 0.0341 index | Iceland |
| 2010s | 0.1425 index | 0.1357 index | 0.0068 index | Dominica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Dominica or Iceland?
- Iceland, at 0.0631 index against 0.0579 index in Dominica as of 2019.
- What is the difference in comparative advantage in environmental goods between Dominica and Iceland?
- 0.0052 index, with Iceland ahead.
- How many years of comparable data are there for Dominica and Iceland?
- 13 years are reported by both, from 1999 to 2012.
- How do Dominica and Iceland rank globally for comparative advantage in environmental goods?
- Dominica ranks 130th and Iceland ranks 129th 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.