Laos vs Montenegro: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Laos
- Montenegro
How they compare
Montenegro currently reports 0.2677 index against 0.246 index in Laos, a difference of 0.0217 index.
That makes Montenegro's figure about 1.1 times Laos's.
Across all 9 years both countries report, Montenegro has been ahead every year.
Laos ranks 85th and Montenegro ranks 82nd of 163 countries.
Montenegro has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Laos or Montenegro?
- Montenegro, at 0.2677 index against 0.246 index in Laos as of 2018.
- What is the difference in comparative advantage in environmental goods between Laos and Montenegro?
- 0.0217 index, with Montenegro ahead.
- How many years of comparable data are there for Laos and Montenegro?
- 9 years are reported by both, from 2010 to 2018.
- How do Laos and Montenegro rank globally for comparative advantage in environmental goods?
- Laos ranks 85th and Montenegro ranks 82nd 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.
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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.