Comparative advantage in environmental goods in Bahamas
Bahamas: Comparative advantage in environmental goods was 0.5585 index in 2018. ◆ Volatile
Comparative advantage in environmental goods in Bahamas, 1998–2018
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
Bahamas recorded 0.5585 index for comparative advantage in environmental goods in 2018.
That represents a change of up 27.9% on the previous year and up 138.7% over ten years.
Over the whole period, comparative advantage in environmental goods in Bahamas peaked at 1.89 index in 1998 and was at its lowest, 0 index, in 2005.
Bahamas ranks 50th of 163 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Comparative advantage in environmental goods in Bahamas, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 1.89 index | — |
| 1999 | 0.3588 index | -81.0% |
| 2000 | 0.3798 index | +5.9% |
| 2001 | 0.2675 index | -29.6% |
| 2002 | 0.2592 index | -3.1% |
| 2003 | 0.1887 index | -27.2% |
| 2004 | 0.5755 index | +205.0% |
| 2005 | 0 index | -100.0% |
| 2006 | 0.4254 index | +1574631.9% |
| 2007 | 0.0852 index | -80.0% |
| 2008 | 0.234 index | +174.6% |
| 2009 | 0.2456 index | +5.0% |
| 2010 | 0.2265 index | -7.8% |
| 2011 | 0.254 index | +12.2% |
| 2012 | 0.289 index | +13.8% |
| 2013 | 0.2152 index | -25.5% |
| 2014 | 0.5518 index | +156.5% |
| 2015 | 0.3968 index | -28.1% |
| 2016 | 0.3829 index | -3.5% |
| 2017 | 0.4366 index | +14.0% |
| 2018 | 0.5585 index | +27.9% |
Bahamas compared with similar countries
- Bahamas's 0.5585 index is below the median for high income countries, which is 0.6392 index, 87% of the median. (62 countries reporting)
- Bahamas's 0.5585 index is above the median for Latin America & Caribbean, which is 0.2095 index, 2.7× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Comparative advantage in environmental goods in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +1574631.9% | 0 index | 0.4254 index |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.13 index | 0.3588 index | 1.89 index | 2 |
| 2000s | 0.2661 index | 0 index | 0.5755 index | 10 |
| 2010s | 0.3679 index | 0.2152 index | 0.5585 index | 9 |
Countries ranked near Bahamas
More reference data data for Bahamas
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.018 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0145 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0325 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0325 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0605 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0228 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0775 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.161 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Bahamas?
- Comparative advantage in environmental goods in Bahamas was 0.5585 index in 2018, 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 Bahamas?
- The highest recorded value was 1.89 index in 1998.
- What is the lowest comparative advantage in environmental goods recorded in Bahamas?
- The lowest recorded value was 0 index in 2005.
- How does Bahamas rank for comparative advantage in environmental goods?
- Bahamas ranks 50th out of 163 countries with data for 2018.
- Is comparative advantage in environmental goods rising or falling in Bahamas?
- Over the last ten years it is up 138.7%. The long-run trend across the full record is volatile.
- Where does this Bahamas 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
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.