Serbia vs Thailand: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Serbia
- Thailand
How they compare
Serbia currently reports 0.8086 index against 0.7659 index in Thailand, a difference of 0.0427 index.
That makes Serbia's figure about 1.1 times Thailand's.
The two have swapped places 1 time across 14 shared years of data; in 2006 it was Thailand ahead.
Serbia ranks 38th and Thailand ranks 39th of 163 countries.
Thailand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Serbia | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7534 index | 0.8596 index | 0.1062 index | Thailand |
| 2010s | 0.7053 index | 0.8263 index | 0.1211 index | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Serbia or Thailand?
- Serbia, at 0.8086 index against 0.7659 index in Thailand as of 2019.
- What is the difference in comparative advantage in environmental goods between Serbia and Thailand?
- 0.0427 index, with Serbia ahead.
- How many years of comparable data are there for Serbia and Thailand?
- 14 years are reported by both, from 2006 to 2019.
- How do Serbia and Thailand rank globally for comparative advantage in environmental goods?
- Serbia ranks 38th and Thailand ranks 39th 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.