Ecuador vs Uruguay: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Ecuador
- Uruguay
How they compare
Uruguay currently reports 0.0765 index against 0.069 index in Ecuador, a difference of 0.0075 index.
That makes Uruguay's figure about 1.1 times Ecuador's.
The two have swapped places 2 times across 22 shared years of data; in 1998 it was Uruguay ahead.
Ecuador ranks 126th and Uruguay ranks 124th of 163 countries.
Across the 3 decades both report, Ecuador averaged higher in 1 and Uruguay in 2.
Head to head by decade
| Decade | Ecuador | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1563 index | 0.2886 index | 0.1323 index | Uruguay |
| 2000s | 0.136 index | 0.2065 index | 0.0706 index | Uruguay |
| 2010s | 0.1319 index | 0.1233 index | 0.0086 index | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Ecuador or Uruguay?
- Uruguay, at 0.0765 index against 0.069 index in Ecuador as of 2019.
- What is the difference in comparative advantage in environmental goods between Ecuador and Uruguay?
- 0.0075 index, with Uruguay ahead.
- How many years of comparable data are there for Ecuador and Uruguay?
- 22 years are reported by both, from 1998 to 2019.
- How do Ecuador and Uruguay rank globally for comparative advantage in environmental goods?
- Ecuador ranks 126th and Uruguay ranks 124th 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.
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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.