New Zealand vs Panama: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- New Zealand
- Panama
How they compare
New Zealand currently reports 0.2241 index against 0.2082 index in Panama, a difference of 0.0159 index.
That makes New Zealand's figure about 1.1 times Panama's.
Across all 19 years both countries report, New Zealand has been ahead every year.
New Zealand ranks 93rd and Panama ranks 96th of 163 countries.
New Zealand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | New Zealand | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.6932 index | 0.5678 index | 0.1254 index | New Zealand |
| 2000s | 0.6955 index | 0.39 index | 0.3055 index | New Zealand |
| 2010s | 0.4114 index | 0.2052 index | 0.2062 index | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, New Zealand or Panama?
- New Zealand, at 0.2241 index against 0.2082 index in Panama as of 2019.
- What is the difference in comparative advantage in environmental goods between New Zealand and Panama?
- 0.0159 index, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Panama?
- 19 years are reported by both, from 1998 to 2016.
- How do New Zealand and Panama rank globally for comparative advantage in environmental goods?
- New Zealand ranks 93rd and Panama ranks 96th 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.