Comparative advantage in environmental goods in Australia
Australia: Comparative advantage in environmental goods was 0.1567 index in 2019. ▼ Falling
Comparative advantage in environmental goods in Australia, 1998–2019
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.
Comparative advantage in environmental goods in Australia, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.418 index | — |
| 1999 | 0.3517 index | -15.9% |
| 2000 | 0.3467 index | -1.4% |
| 2001 | 0.3204 index | -7.6% |
| 2002 | 0.3662 index | +14.3% |
| 2003 | 0.4205 index | +14.8% |
| 2004 | 0.4122 index | -2.0% |
| 2005 | 0.395 index | -4.2% |
| 2006 | 0.3535 index | -10.5% |
| 2007 | 0.3761 index | +6.4% |
| 2008 | 0.3162 index | -15.9% |
| 2009 | 0.3168 index | +0.2% |
| 2010 | 0.2787 index | -12.0% |
| 2011 | 0.2546 index | -8.6% |
| 2012 | 0.2437 index | -4.3% |
| 2013 | 0.2442 index | +0.2% |
| 2014 | 0.2297 index | -5.9% |
| 2015 | 0.2393 index | +4.2% |
| 2016 | 0.2281 index | -4.7% |
| 2017 | 0.191 index | -16.3% |
| 2018 | 0.1962 index | +2.8% |
| 2019 | 0.1567 index | -20.1% |
Australia compared with similar countries
- Australia's 0.1567 index is below the median for high income countries, which is 0.6392 index, 25% of the median. (62 countries reporting)
- Australia's 0.1567 index is below the median for East Asia & Pacific, which is 0.3404 index, 46% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
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
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.