Comparative advantage in environmental goods in Belize

Belize: Comparative advantage in environmental goods was 0.0422 index in 2019. ◆ Volatile

Latest (2019)
0.0422 index
Change on year
down 48.9%
World rank
139th
of 163 countries
All-time high
0.4566 index
in 2016
All-time low
0.0001 index
in 2001
Years of data
22
1998–2019

Comparative advantage in environmental goods in Belize, 1998–2019

00.10.20.30.40.51998200820191998: 0.025 index1999: 0.125 index2000: 0.03 index2001: 0 index2002: 0 index2003: 0.039 index2004: 0.082 index2005: 0.022 index2006: 0.013 index2007: 0.038 index2008: 0.022 index2009: 0 index2010: 0 index2011: 0.06 index2012: 0.069 index2013: 0.034 index2014: 0.164 index2015: 0.205 index2016: 0.457 index2017: 0.256 index2018: 0.083 index2019: 0.042 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 Belize is 0.0422 index, measured in 2019.

Compared with earlier readings it is down 48.9% on the previous year and up 28,575.1% over ten years.

Over the whole period, comparative advantage in environmental goods in Belize peaked at 0.4566 index in 2016 and was at its lowest, 0.0001 index, in 2001.

That places Belize 139th out of 163 countries with data for 2019, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0752 index 0.0251 index 0.1252 index 2
2000s 0.0247 index 0.0001 index 0.0821 index 10
2010s 0.1369 index 0.0001 index 0.4566 index 10

Countries ranked near Belize

  1. 136 Kazakhstan 0.0508 index compare
  2. 137 Burkina Faso 0.0481 index compare
  3. 138 Gambia 0.0439 index compare
  4. 140 Madagascar 0.0421 index compare
  5. 141 Ethiopia 0.042 index compare
  6. 142 Suriname 0.0391 index compare

See the full ranking of 163 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is comparative advantage in environmental goods in Belize?
Comparative advantage in environmental goods in Belize was 0.0422 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 Belize?
The highest recorded value was 0.4566 index in 2016.
What is the lowest comparative advantage in environmental goods recorded in Belize?
The lowest recorded value was 0.0001 index in 2001.
How does Belize rank for comparative advantage in environmental goods?
Belize ranks 139th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Belize?
Over the last ten years it is up 28,575.1%. The long-run trend across the full record is volatile.
Where does this Belize 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.