Latvia vs Switzerland: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Latvia
- Switzerland
How they compare
Switzerland currently reports 0.6749 index against 0.6188 index in Latvia, a difference of 0.0561 index.
That makes Switzerland's figure about 1.1 times Latvia's.
Across all 22 years both countries report, Switzerland has been ahead every year.
Latvia ranks 47th and Switzerland ranks 44th of 163 countries.
Switzerland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.3309 index | 1.57 index | 1.24 index | Switzerland |
| 2000s | 0.6798 index | 1.42 index | 0.7448 index | Switzerland |
| 2010s | 0.6588 index | 0.8523 index | 0.1935 index | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Latvia or Switzerland?
- Switzerland, at 0.6749 index against 0.6188 index in Latvia as of 2019.
- What is the difference in comparative advantage in environmental goods between Latvia and Switzerland?
- 0.0561 index, with Switzerland ahead.
- How many years of comparable data are there for Latvia and Switzerland?
- 22 years are reported by both, from 1998 to 2019.
- How do Latvia and Switzerland rank globally for comparative advantage in environmental goods?
- Latvia ranks 47th and Switzerland ranks 44th 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.