Nicaragua vs Rwanda: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Nicaragua
- Rwanda
How they compare
Rwanda currently reports 0.0667 index against 0.0534 index in Nicaragua, a difference of 0.0133 index.
That makes Rwanda's figure about 1.2 times Nicaragua's.
The two have swapped places 5 times across 20 shared years of data; in 1999 it was Nicaragua ahead.
Nicaragua ranks 131st and Rwanda ranks 128th of 163 countries.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nicaragua | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.213 index | 0.0152 index | 0.1977 index | Nicaragua |
| 2000s | 0.3242 index | 0.0374 index | 0.2868 index | Nicaragua |
| 2010s | 0.0723 index | 0.0661 index | 0.0061 index | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Nicaragua or Rwanda?
- Rwanda, at 0.0667 index against 0.0534 index in Nicaragua as of 2019.
- What is the difference in comparative advantage in environmental goods between Nicaragua and Rwanda?
- 0.0133 index, with Rwanda ahead.
- How many years of comparable data are there for Nicaragua and Rwanda?
- 20 years are reported by both, from 1999 to 2019.
- How do Nicaragua and Rwanda rank globally for comparative advantage in environmental goods?
- Nicaragua ranks 131st and Rwanda ranks 128th 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.