Hungary vs South Korea: Comparative advantage in environmental goods

Hungary
1.49 index
in 2019
South Korea
1.39 index
in 2019
Hungary rank
8th
South Korea rank
10th

Comparative advantage in environmental goods over time

  • Hungary
  • South Korea
0.511.52199820082019

How they compare

Hungary currently reports 1.49 index against 1.39 index in South Korea, a difference of 0.1 index.

That makes Hungary's figure about 1.1 times South Korea's.

Across all 22 years both countries report, Hungary has been ahead every year.

Hungary ranks 8th and South Korea ranks 10th of 163 countries.

Hungary has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Hungary South Korea Difference Ahead
1990s 0.8504 index 0.4785 index 0.3718 index Hungary
2000s 1.16 index 0.623 index 0.5356 index Hungary
2010s 1.72 index 1.17 index 0.5562 index Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher comparative advantage in environmental goods, Hungary or South Korea?
Hungary, at 1.49 index against 1.39 index in South Korea as of 2019.
What is the difference in comparative advantage in environmental goods between Hungary and South Korea?
0.1 index, with Hungary ahead.
How many years of comparable data are there for Hungary and South Korea?
22 years are reported by both, from 1998 to 2019.
How do Hungary and South Korea rank globally for comparative advantage in environmental goods?
Hungary ranks 8th and South Korea ranks 10th 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

Indicator
Comparative advantage in environmental goods (index)
Unit
index
Source
IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
163 places, 3,076 data points, 1998–2019
Last refreshed

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.