New Zealand vs Paraguay: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- New Zealand
- Paraguay
How they compare
New Zealand currently reports 0.2241 index against 0.2108 index in Paraguay, a difference of 0.0133 index.
That makes New Zealand's figure about 1.1 times Paraguay's.
Across all 22 years both countries report, New Zealand has been ahead every year.
New Zealand ranks 93rd and Paraguay ranks 95th 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 | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.6932 index | 0.0678 index | 0.6253 index | New Zealand |
| 2000s | 0.6955 index | 0.0261 index | 0.6694 index | New Zealand |
| 2010s | 0.3592 index | 0.0728 index | 0.2864 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 Paraguay?
- New Zealand, at 0.2241 index against 0.2108 index in Paraguay as of 2019.
- What is the difference in comparative advantage in environmental goods between New Zealand and Paraguay?
- 0.0133 index, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Paraguay?
- 22 years are reported by both, from 1998 to 2019.
- How do New Zealand and Paraguay rank globally for comparative advantage in environmental goods?
- New Zealand ranks 93rd and Paraguay ranks 95th 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.