Comparative advantage in environmental goods in Belgium
Belgium: Comparative advantage in environmental goods was 1.21 index in 2019. ▲ Rising
Comparative advantage in environmental goods in Belgium, 1999–2019
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.
Comparative advantage in environmental goods in Belgium, year by year
| Year | index | Change |
|---|---|---|
| 1999 | 0.7966 index | — |
| 2000 | 0.8625 index | +8.3% |
| 2001 | 0.8476 index | -1.7% |
| 2002 | 0.7779 index | -8.2% |
| 2003 | 0.7775 index | -0.1% |
| 2004 | 0.7846 index | +0.9% |
| 2005 | 0.7733 index | -1.4% |
| 2006 | 0.774 index | +0.1% |
| 2007 | 0.8029 index | +3.7% |
| 2008 | 0.8319 index | +3.6% |
| 2009 | 0.8423 index | +1.2% |
| 2010 | 0.8946 index | +6.2% |
| 2011 | 0.9069 index | +1.4% |
| 2012 | 0.9968 index | +9.9% |
| 2013 | 0.9715 index | -2.5% |
| 2014 | 0.9329 index | -4.0% |
| 2015 | 0.8746 index | -6.3% |
| 2016 | 0.8523 index | -2.5% |
| 2017 | 0.9461 index | +11.0% |
| 2018 | 0.9938 index | +5.0% |
| 2019 | 1.21 index | +21.8% |
Belgium compared with similar countries
- Belgium's 1.21 index is above the median for high income countries, which is 0.6392 index, 1.9× the median. (62 countries reporting)
- Belgium's 1.21 index is above the median for Europe & Central Asia, which is 0.91 index, 1.3× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 15 Portugal 1.26 index compare
- 16 Romania 1.23 index compare
- 17 Italy 1.22 index compare
- 19 United Kingdom 1.19 index compare
- 20 United States 1.18 index compare
- 21 Luxembourg 1.16 index compare
More reference data data for Belgium
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9298 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.291 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.09 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1382 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.09 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.12 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.93 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.4 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.7526 (2050)
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
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.