Singapore vs Thailand: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Singapore
- Thailand
How they compare
Thailand currently reports 0.7659 index against 0.7242 index in Singapore, a difference of 0.0417 index.
That makes Thailand's figure about 1.1 times Singapore's.
The two have swapped places 3 times across 22 shared years of data; in 1998 it was Singapore ahead.
Singapore ranks 42nd and Thailand ranks 39th of 163 countries.
Across the 3 decades both report, Singapore averaged higher in 1 and Thailand in 2.
Head to head by decade
| Decade | Singapore | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.5404 index | 0.4264 index | 0.114 index | Singapore |
| 2000s | 0.5802 index | 0.6953 index | 0.1151 index | Thailand |
| 2010s | 0.7539 index | 0.8263 index | 0.0724 index | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Singapore or Thailand?
- Thailand, at 0.7659 index against 0.7242 index in Singapore as of 2019.
- What is the difference in comparative advantage in environmental goods between Singapore and Thailand?
- 0.0417 index, with Thailand ahead.
- How many years of comparable data are there for Singapore and Thailand?
- 22 years are reported by both, from 1998 to 2019.
- How do Singapore and Thailand rank globally for comparative advantage in environmental goods?
- Singapore ranks 42nd 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.