Panama vs Paraguay: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Panama
- Paraguay
How they compare
Paraguay currently reports 0.2108 index against 0.2082 index in Panama, a difference of 0.0026 index.
Across all 19 years both countries report, Panama has been ahead every year.
Panama ranks 96th and Paraguay ranks 95th of 163 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Panama | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.5678 index | 0.0678 index | 0.5 index | Panama |
| 2000s | 0.39 index | 0.0261 index | 0.3639 index | Panama |
| 2010s | 0.2052 index | 0.0542 index | 0.151 index | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Panama or Paraguay?
- Paraguay, at 0.2108 index against 0.2082 index in Panama as of 2019.
- What is the difference in comparative advantage in environmental goods between Panama and Paraguay?
- 0.0026 index, with Paraguay ahead.
- How many years of comparable data are there for Panama and Paraguay?
- 19 years are reported by both, from 1998 to 2016.
- How do Panama and Paraguay rank globally for comparative advantage in environmental goods?
- Panama ranks 96th 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.