Iceland vs Rwanda: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Iceland
- Rwanda
How they compare
Rwanda currently reports 0.0667 index against 0.0631 index in Iceland, a difference of 0.0036 index.
That makes Rwanda's figure about 1.1 times Iceland's.
The two have swapped places 7 times across 20 shared years of data; in 1999 it was Iceland ahead.
Iceland ranks 129th and Rwanda ranks 128th of 163 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0595 index | 0.0152 index | 0.0443 index | Iceland |
| 2000s | 0.0946 index | 0.0374 index | 0.0572 index | Iceland |
| 2010s | 0.0955 index | 0.0661 index | 0.0294 index | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Iceland or Rwanda?
- Rwanda, at 0.0667 index against 0.0631 index in Iceland as of 2019.
- What is the difference in comparative advantage in environmental goods between Iceland and Rwanda?
- 0.0036 index, with Rwanda ahead.
- How many years of comparable data are there for Iceland and Rwanda?
- 20 years are reported by both, from 1999 to 2019.
- How do Iceland and Rwanda rank globally for comparative advantage in environmental goods?
- Iceland ranks 129th and Rwanda ranks 128th 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.