Finland vs Serbia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Finland
- Serbia
How they compare
Finland currently reports 0.8549 index against 0.8086 index in Serbia, a difference of 0.0463 index.
That makes Finland's figure about 1.1 times Serbia's.
Across all 14 years both countries report, Finland has been ahead every year.
Finland ranks 36th and Serbia ranks 38th of 163 countries.
Finland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Finland | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.07 index | 0.7534 index | 0.3166 index | Finland |
| 2010s | 1 index | 0.7053 index | 0.299 index | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Finland or Serbia?
- Finland, at 0.8549 index against 0.8086 index in Serbia as of 2019.
- What is the difference in comparative advantage in environmental goods between Finland and Serbia?
- 0.0463 index, with Finland ahead.
- How many years of comparable data are there for Finland and Serbia?
- 14 years are reported by both, from 2006 to 2019.
- How do Finland and Serbia rank globally for comparative advantage in environmental goods?
- Finland ranks 36th and Serbia ranks 38th 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.