Comparative advantage in environmental goods in Australia

Australia: Comparative advantage in environmental goods was 0.1567 index in 2019. ▼ Falling

Latest (2019)
0.1567 index
Change on year
down 20.1%
World rank
102nd
of 163 countries
All-time high
0.4205 index
in 2003
All-time low
0.1567 index
in 2019
Years of data
22
1998–2019

Comparative advantage in environmental goods in Australia, 1998–2019

00.10.20.30.41998200820191998: 0.418 index1999: 0.352 index2000: 0.347 index2001: 0.32 index2002: 0.366 index2003: 0.42 index2004: 0.412 index2005: 0.395 index2006: 0.354 index2007: 0.376 index2008: 0.316 index2009: 0.317 index2010: 0.279 index2011: 0.255 index2012: 0.244 index2013: 0.244 index2014: 0.23 index2015: 0.239 index2016: 0.228 index2017: 0.191 index2018: 0.196 index2019: 0.157 index

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

Analysis

In 2019, comparative advantage in environmental goods in Australia stood at 0.1567 index. That is the lowest value across all 22 years on record.

That represents a change of down 20.1% on the previous year and down 50.5% over ten years.

Over the whole period, comparative advantage in environmental goods in Australia peaked at 0.4205 index in 2003 and was at its lowest, 0.1567 index, in 2019.

That places Australia 102nd out of 163 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3849 index 0.3517 index 0.418 index 2
2000s 0.3623 index 0.3162 index 0.4205 index 10
2010s 0.2262 index 0.1567 index 0.2787 index 10

Countries ranked near Australia

  1. 99 Namibia 0.1904 index compare
  2. 100 Venezuela 0.1775 index compare
  3. 101 Peru 0.1717 index compare
  4. 103 Bolivia 0.1517 index compare
  5. 104 Armenia 0.1481 index compare
  6. 105 Mozambique 0.1394 index compare

See the full ranking of 163 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is comparative advantage in environmental goods in Australia?
Comparative advantage in environmental goods in Australia was 0.1567 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 Australia?
The highest recorded value was 0.4205 index in 2003.
What is the lowest comparative advantage in environmental goods recorded in Australia?
The lowest recorded value was 0.1567 index in 2019.
How does Australia rank for comparative advantage in environmental goods?
Australia ranks 102nd out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Australia?
Over the last ten years it is down 50.5%. The long-run trend across the full record is falling.
Where does this Australia 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 — 22 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.