El Salvador vs Latvia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- El Salvador
- Latvia
How they compare
Latvia currently reports 0.6188 index against 0.6059 index in El Salvador, a difference of 0.0129 index.
The two have swapped places 5 times across 22 shared years of data; in 1998 it was El Salvador ahead.
El Salvador ranks 48th and Latvia ranks 47th of 163 countries.
El Salvador has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | El Salvador | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.6283 index | 0.3309 index | 0.2974 index | El Salvador |
| 2000s | 0.8002 index | 0.6798 index | 0.1204 index | El Salvador |
| 2010s | 0.7227 index | 0.6588 index | 0.0639 index | El Salvador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, El Salvador or Latvia?
- Latvia, at 0.6188 index against 0.6059 index in El Salvador as of 2019.
- What is the difference in comparative advantage in environmental goods between El Salvador and Latvia?
- 0.0129 index, with Latvia ahead.
- How many years of comparable data are there for El Salvador and Latvia?
- 22 years are reported by both, from 1998 to 2019.
- How do El Salvador and Latvia rank globally for comparative advantage in environmental goods?
- El Salvador ranks 48th 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.
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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.