Comparative advantage in environmental goods in Armenia

Armenia: Comparative advantage in environmental goods was 0.1481 index in 2019. ▬ Flat

Latest (2019)
0.1481 index
Change on year
down 25.7%
World rank
104th
of 163 countries
All-time high
0.39 index
in 2008
All-time low
0.1336 index
in 2002
Years of data
21
1999–2019

Comparative advantage in environmental goods in Armenia, 1999–2019

0.10.20.30.41999200920191999: 0.273 index2000: 0.201 index2001: 0.206 index2002: 0.134 index2003: 0.149 index2004: 0.161 index2005: 0.224 index2006: 0.249 index2007: 0.333 index2008: 0.39 index2009: 0.26 index2010: 0.217 index2011: 0.218 index2012: 0.243 index2013: 0.322 index2014: 0.266 index2015: 0.214 index2016: 0.182 index2017: 0.172 index2018: 0.199 index2019: 0.148 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

The most recent figure for comparative advantage in environmental goods in Armenia is 0.1481 index, measured in 2019.

Compared with earlier readings it is down 25.7% on the previous year and down 42.9% over ten years.

Over the whole period, comparative advantage in environmental goods in Armenia peaked at 0.39 index in 2008 and was at its lowest, 0.1336 index, in 2002.

That places Armenia 104th out of 163 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2731 index 0.2731 index 0.2731 index 1
2000s 0.2307 index 0.1336 index 0.39 index 10
2010s 0.2182 index 0.1481 index 0.3218 index 10

Countries ranked near Armenia

  1. 101 Peru 0.1717 index compare
  2. 102 Australia 0.1567 index compare
  3. 103 Bolivia 0.1517 index compare
  4. 105 Mozambique 0.1394 index compare
  5. 106 Chile 0.1356 index compare
  6. 107 Cyprus 0.1325 index compare

See the full ranking of 163 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is comparative advantage in environmental goods in Armenia?
Comparative advantage in environmental goods in Armenia was 0.1481 index in 2019, according to IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations.
What is the highest comparative advantage in environmental goods recorded in Armenia?
The highest recorded value was 0.39 index in 2008.
What is the lowest comparative advantage in environmental goods recorded in Armenia?
The lowest recorded value was 0.1336 index in 2002.
How does Armenia rank for comparative advantage in environmental goods?
Armenia ranks 104th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Armenia?
Over the last ten years it is down 42.9%. The long-run trend across the full record is flat.
Where does this Armenia data come from?
The figures come from IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations, published as part of Comparative advantage in environmental goods (index). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.