Iceland vs Papua New Guinea: Comparative advantage in environmental goods

Iceland
0.0631 index
in 2019
Papua New Guinea
0.0534 index
in 2012
Iceland rank
129th
Papua New Guinea rank
132nd

Comparative advantage in environmental goods over time

  • Iceland
  • Papua New Guinea
0.050.10.15199820082019

How they compare

Iceland currently reports 0.0631 index against 0.0534 index in Papua New Guinea, a difference of 0.0097 index.

That makes Iceland's figure about 1.2 times Papua New Guinea's.

Across all 6 years both countries report, Iceland has been ahead every year.

Iceland ranks 129th and Papua New Guinea ranks 132nd of 163 countries.

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

Head to head by decade

Decade Iceland Papua New Guinea Difference Ahead
1990s 0.0593 index 0.0456 index 0.0137 index Iceland
2000s 0.1262 index 0.0487 index 0.0775 index Iceland
2010s 0.1299 index 0.048 index 0.0819 index Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher comparative advantage in environmental goods, Iceland or Papua New Guinea?
Iceland, at 0.0631 index against 0.0534 index in Papua New Guinea as of 2019.
What is the difference in comparative advantage in environmental goods between Iceland and Papua New Guinea?
0.0097 index, with Iceland ahead.
How many years of comparable data are there for Iceland and Papua New Guinea?
6 years are reported by both, from 1998 to 2012.
How do Iceland and Papua New Guinea rank globally for comparative advantage in environmental goods?
Iceland ranks 129th and Papua New Guinea ranks 132nd 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.