Serbia vs Spain: Comparative advantage in environmental goods

Serbia
0.8086 index
in 2019
Spain
0.7422 index
in 2019
Serbia rank
38th
Spain rank
40th

Comparative advantage in environmental goods over time

  • Serbia
  • Spain
00.20.40.60.81199820082019

How they compare

Serbia currently reports 0.8086 index against 0.7422 index in Spain, a difference of 0.0664 index.

That makes Serbia's figure about 1.1 times Spain's.

The two have swapped places 1 time across 14 shared years of data; in 2006 it was Spain ahead.

Serbia ranks 38th and Spain ranks 40th of 163 countries.

Spain has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Serbia Spain Difference Ahead
2000s 0.7534 index 0.8647 index 0.1113 index Spain
2010s 0.7053 index 0.7985 index 0.0932 index Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher comparative advantage in environmental goods, Serbia or Spain?
Serbia, at 0.8086 index against 0.7422 index in Spain as of 2019.
What is the difference in comparative advantage in environmental goods between Serbia and Spain?
0.0664 index, with Serbia ahead.
How many years of comparable data are there for Serbia and Spain?
14 years are reported by both, from 2006 to 2019.
How do Serbia and Spain rank globally for comparative advantage in environmental goods?
Serbia ranks 38th and Spain ranks 40th 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

Indicator
Comparative advantage in environmental goods (index)
Unit
index
Source
IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
163 places, 3,076 data points, 1998–2019
Last refreshed

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.