Hong Kong vs Philippines: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Hong Kong
- Philippines
How they compare
Hong Kong currently reports 0.5788 index against 0.5294 index in Philippines, a difference of 0.0494 index.
That makes Hong Kong's figure about 1.1 times Philippines's.
The two have swapped places 2 times across 22 shared years of data; in 1998 it was Hong Kong ahead.
Hong Kong ranks 49th and Philippines ranks 52nd of 163 countries.
Across the 3 decades both report, Hong Kong averaged higher in 2 and Philippines in 1.
Head to head by decade
| Decade | Hong Kong | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.5494 index | 0.1596 index | 0.3898 index | Hong Kong |
| 2000s | 0.5629 index | 0.2125 index | 0.3504 index | Hong Kong |
| 2010s | 0.5813 index | 0.7131 index | 0.1318 index | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Hong Kong or Philippines?
- Hong Kong, at 0.5788 index against 0.5294 index in Philippines as of 2019.
- What is the difference in comparative advantage in environmental goods between Hong Kong and Philippines?
- 0.0494 index, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Philippines?
- 22 years are reported by both, from 1998 to 2019.
- How do Hong Kong and Philippines rank globally for comparative advantage in environmental goods?
- Hong Kong ranks 49th and Philippines ranks 52nd 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.