Comparative advantage in environmental goods in Azerbaijan

Azerbaijan: Comparative advantage in environmental goods was 0.0825 index in 2019. ◆ Volatile

Latest (2019)
0.0825 index
Change on year
up 31.5%
World rank
120th
of 163 countries
All-time high
0.3292 index
in 1998
All-time low
0.0049 index
in 2008
Years of data
22
1998–2019

Comparative advantage in environmental goods in Azerbaijan, 1998–2019

00.10.20.31998200820191998: 0.329 index1999: 0.135 index2000: 0.104 index2001: 0.086 index2002: 0.062 index2003: 0.057 index2004: 0.035 index2005: 0.045 index2006: 0.029 index2007: 0.042 index2008: 0.005 index2009: 0.011 index2010: 0.011 index2011: 0.01 index2012: 0.011 index2013: 0.018 index2014: 0.02 index2015: 0.1 index2016: 0.063 index2017: 0.073 index2018: 0.063 index2019: 0.082 index

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

Analysis

Azerbaijan recorded 0.0825 index for comparative advantage in environmental goods in 2019.

That represents a change of up 31.5% on the previous year and up 680.7% over ten years.

Over the whole period, comparative advantage in environmental goods in Azerbaijan peaked at 0.3292 index in 1998 and was at its lowest, 0.0049 index, in 2008.

That places Azerbaijan 120th out of 163 countries with data for 2019, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2319 index 0.1347 index 0.3292 index 2
2000s 0.0476 index 0.0049 index 0.104 index 10
2010s 0.045 index 0.0097 index 0.1002 index 10

Countries ranked near Azerbaijan

  1. 117 Mali 0.0957 index compare
  2. 118 Cote d'Ivoire 0.0892 index compare
  3. 119 Cameroon 0.0874 index compare
  4. 121 Benin 0.0822 index compare
  5. 122 Kuwait 0.0809 index compare
  6. 123 Tonga 0.0806 index compare

See the full ranking of 163 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is comparative advantage in environmental goods in Azerbaijan?
Comparative advantage in environmental goods in Azerbaijan was 0.0825 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 Azerbaijan?
The highest recorded value was 0.3292 index in 1998.
What is the lowest comparative advantage in environmental goods recorded in Azerbaijan?
The lowest recorded value was 0.0049 index in 2008.
How does Azerbaijan rank for comparative advantage in environmental goods?
Azerbaijan ranks 120th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Azerbaijan?
Over the last ten years it is up 680.7%. The long-run trend across the full record is volatile.
Where does this Azerbaijan 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.