South Korea vs Sweden: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- South Korea
- Sweden
How they compare
South Korea currently reports 1.39 index against 1.37 index in Sweden, a difference of 0.02 index.
The two have swapped places 5 times across 22 shared years of data; in 1998 it was Sweden ahead.
South Korea ranks 10th and Sweden ranks 13th of 163 countries.
Sweden has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4785 index | 1.16 index | 0.6854 index | Sweden |
| 2000s | 0.623 index | 1.2 index | 0.5741 index | Sweden |
| 2010s | 1.17 index | 1.26 index | 0.0934 index | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, South Korea or Sweden?
- South Korea, at 1.39 index against 1.37 index in Sweden as of 2019.
- What is the difference in comparative advantage in environmental goods between South Korea and Sweden?
- 0.02 index, with South Korea ahead.
- How many years of comparable data are there for South Korea and Sweden?
- 22 years are reported by both, from 1998 to 2019.
- How do South Korea and Sweden rank globally for comparative advantage in environmental goods?
- South Korea ranks 10th and Sweden ranks 13th 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.