South Korea vs Slovakia: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- South Korea
- Slovakia
How they compare
Slovakia currently reports 1.54 index against 1.39 index in South Korea, a difference of 0.15 index.
That makes Slovakia's figure about 1.1 times South Korea's.
The two have swapped places 4 times across 22 shared years of data; in 1998 it was Slovakia ahead.
South Korea ranks 10th and Slovakia ranks 7th of 163 countries.
Across the 3 decades both report, South Korea averaged higher in 1 and Slovakia in 2.
Head to head by decade
| Decade | South Korea | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4785 index | 0.6777 index | 0.1992 index | Slovakia |
| 2000s | 0.623 index | 0.7867 index | 0.1637 index | Slovakia |
| 2010s | 1.17 index | 1.08 index | 0.0879 index | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, South Korea or Slovakia?
- Slovakia, at 1.54 index against 1.39 index in South Korea as of 2019.
- What is the difference in comparative advantage in environmental goods between South Korea and Slovakia?
- 0.15 index, with Slovakia ahead.
- How many years of comparable data are there for South Korea and Slovakia?
- 22 years are reported by both, from 1998 to 2019.
- How do South Korea and Slovakia rank globally for comparative advantage in environmental goods?
- South Korea ranks 10th and Slovakia ranks 7th 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.