Comparative advantage in environmental goods in Aruba
Aruba: Comparative advantage in environmental goods was 0.037 index in 2019. â Volatile
Comparative advantage in environmental goods in Aruba, 2005â2019
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 Aruba is 0.037 index, measured in 2019.
The figure is up 420.2% on the previous year and down 84.2% over ten years.
Over the whole period, comparative advantage in environmental goods in Aruba peaked at 0.2752 index in 2005 and was at its lowest, 0.0071 index, in 2018.
That places Aruba 143rd out of 163 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2543 index | 0.2334 index | 0.2752 index | 2 |
| 2010s | 0.1175 index | 0.0071 index | 0.2355 index | 10 |
Countries ranked near Aruba
- 140 Madagascar 0.0421 index compare
- 141 Ethiopia 0.042 index compare
- 142 Suriname 0.0391 index compare
- 144 Central African Republic 0.0368 index compare
- 145 Myanmar 0.0349 index compare
- 146 Sierra Leone 0.0332 index compare
More reference data data for Aruba
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Official exchange rate, LCU per USD, period average 1.79 (2026)
- Consumer price index 109.53 2010 = 100 (2019)
- Foreign aid received by income group -13.41 million constant 2024 US$ (1999)
- Wealth share of the richest 1% 27.6% (2024)
- Foreign aid received -13.41 million constant 2024 US$ (1999)
Frequently asked questions
- What is comparative advantage in environmental goods in Aruba?
- Comparative advantage in environmental goods in Aruba was 0.037 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 Aruba?
- The highest recorded value was 0.2752 index in 2005.
- What is the lowest comparative advantage in environmental goods recorded in Aruba?
- The lowest recorded value was 0.0071 index in 2018.
- How does Aruba rank for comparative advantage in environmental goods?
- Aruba ranks 143rd out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Aruba?
- Over the last ten years it is down 84.2%. The long-run trend across the full record is volatile.
- Where does this Aruba 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.
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CSV ¡ JSON â 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Environmental goods include both goods connected to environmental protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.