Luxembourg vs United Kingdom: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Luxembourg
- United Kingdom
How they compare
United Kingdom currently reports 1.19 index against 1.16 index in Luxembourg, a difference of 0.03 index.
The two have swapped places 6 times across 20 shared years of data; in 1999 it was Luxembourg ahead.
Luxembourg ranks 21st and United Kingdom ranks 19th of 163 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.06 index | 1.06 index | 0.0021 index | Luxembourg |
| 2000s | 1.12 index | 1.1 index | 0.0156 index | Luxembourg |
| 2010s | 1.24 index | 1.15 index | 0.0881 index | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Luxembourg or United Kingdom?
- United Kingdom, at 1.19 index against 1.16 index in Luxembourg as of 2019.
- What is the difference in comparative advantage in environmental goods between Luxembourg and United Kingdom?
- 0.03 index, with United Kingdom ahead.
- How many years of comparable data are there for Luxembourg and United Kingdom?
- 20 years are reported by both, from 1999 to 2018.
- How do Luxembourg and United Kingdom rank globally for comparative advantage in environmental goods?
- Luxembourg ranks 21st and United Kingdom ranks 19th 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.