Comparative advantage in environmental goods in Belgium

Belgium: Comparative advantage in environmental goods was 1.21 index in 2019. ▲ Rising

Latest (2019)
1.21 index
Change on year
up 21.8%
World rank
18th
of 163 countries
All-time high
1.21 index
in 2019
All-time low
0.7733 index
in 2005
Years of data
21
1999–2019

Comparative advantage in environmental goods in Belgium, 1999–2019

00.250.50.7511.21999200920191999: 0.797 index2000: 0.862 index2001: 0.848 index2002: 0.778 index2003: 0.778 index2004: 0.785 index2005: 0.773 index2006: 0.774 index2007: 0.803 index2008: 0.832 index2009: 0.842 index2010: 0.895 index2011: 0.907 index2012: 0.997 index2013: 0.971 index2014: 0.933 index2015: 0.875 index2016: 0.852 index2017: 0.946 index2018: 0.994 index2019: 1.2 index

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 Belgium is 1.21 index, measured in 2019. That is the highest value across all 21 years on record.

Compared with earlier readings it is up 21.8% on the previous year and up 43.7% over ten years.

Over the whole period, comparative advantage in environmental goods in Belgium peaked at 1.21 index in 2019 and was at its lowest, 0.7733 index, in 2005.

Belgium ranks 18th of 163 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7966 index 0.7966 index 0.7966 index 1
2000s 0.8074 index 0.7733 index 0.8625 index 10
2010s 0.958 index 0.8523 index 1.21 index 10

Countries ranked near Belgium

  1. 15 Portugal 1.26 index compare
  2. 16 Romania 1.23 index compare
  3. 17 Italy 1.22 index compare
  4. 19 United Kingdom 1.19 index compare
  5. 20 United States 1.18 index compare
  6. 21 Luxembourg 1.16 index compare

See the full ranking of 163 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is comparative advantage in environmental goods in Belgium?
Comparative advantage in environmental goods in Belgium was 1.21 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 Belgium?
The highest recorded value was 1.21 index in 2019.
What is the lowest comparative advantage in environmental goods recorded in Belgium?
The lowest recorded value was 0.7733 index in 2005.
How does Belgium rank for comparative advantage in environmental goods?
Belgium ranks 18th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Belgium?
Over the last ten years it is up 43.7%. The long-run trend across the full record is rising.
Where does this Belgium 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

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.