Guyana vs Mongolia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Guyana
- Mongolia
How they compare
Guyana currently reports 0.0171 index against 0.015 index in Mongolia, a difference of 0.0021 index.
That makes Guyana's figure about 1.1 times Mongolia's.
The two have swapped places 4 times across 16 shared years of data; in 1998 it was Guyana ahead.
Guyana ranks 152nd and Mongolia ranks 153rd of 163 countries.
Across the 3 decades both report, Guyana averaged higher in 2 and Mongolia in 1.
Head to head by decade
| Decade | Guyana | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0856 index | 0.0972 index | 0.0116 index | Mongolia |
| 2000s | 0.2005 index | 0.0144 index | 0.1861 index | Guyana |
| 2010s | 0.0656 index | 0.0251 index | 0.0405 index | Guyana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Guyana or Mongolia?
- Guyana, at 0.0171 index against 0.015 index in Mongolia as of 2018.
- What is the difference in comparative advantage in environmental goods between Guyana and Mongolia?
- 0.0021 index, with Guyana ahead.
- How many years of comparable data are there for Guyana and Mongolia?
- 16 years are reported by both, from 1998 to 2018.
- How do Guyana and Mongolia rank globally for comparative advantage in environmental goods?
- Guyana ranks 152nd and Mongolia ranks 153rd 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.