Finland vs Georgia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Finland
- Georgia
How they compare
Georgia currently reports 0.9228 index against 0.8549 index in Finland, a difference of 0.0679 index.
That makes Georgia's figure about 1.1 times Finland's.
The two have swapped places 4 times across 22 shared years of data; in 1998 it was Georgia ahead.
Finland ranks 36th and Georgia ranks 34th of 163 countries.
Across the 3 decades both report, Finland averaged higher in 1 and Georgia in 2.
Head to head by decade
| Decade | Finland | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8171 index | 1.3 index | 0.4866 index | Georgia |
| 2000s | 0.9537 index | 1.03 index | 0.0755 index | Georgia |
| 2010s | 1 index | 0.937 index | 0.0672 index | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Finland or Georgia?
- Georgia, at 0.9228 index against 0.8549 index in Finland as of 2019.
- What is the difference in comparative advantage in environmental goods between Finland and Georgia?
- 0.0679 index, with Georgia ahead.
- How many years of comparable data are there for Finland and Georgia?
- 22 years are reported by both, from 1998 to 2019.
- How do Finland and Georgia rank globally for comparative advantage in environmental goods?
- Finland ranks 36th and Georgia ranks 34th 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.