Comparative advantage in environmental goods in Belize
Belize: Comparative advantage in environmental goods was 0.0422 index in 2019. ◆ Volatile
Comparative advantage in environmental goods in Belize, 1998–2019
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 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.
Comparative advantage in environmental goods in Belize, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.0251 index | — |
| 1999 | 0.1252 index | +399.0% |
| 2000 | 0.0302 index | -75.9% |
| 2001 | 0.0001 index | -99.7% |
| 2002 | 0.0002 index | +111.6% |
| 2003 | 0.039 index | +22164.7% |
| 2004 | 0.0821 index | +110.4% |
| 2005 | 0.0219 index | -73.4% |
| 2006 | 0.0133 index | -39.5% |
| 2007 | 0.0378 index | +185.5% |
| 2008 | 0.0222 index | -41.4% |
| 2009 | 0.0001 index | -99.3% |
| 2010 | 0.0001 index | -11.2% |
| 2011 | 0.0603 index | +46054.2% |
| 2012 | 0.0685 index | +13.6% |
| 2013 | 0.0337 index | -50.8% |
| 2014 | 0.164 index | +386.2% |
| 2015 | 0.2054 index | +25.2% |
| 2016 | 0.4566 index | +122.3% |
| 2017 | 0.2559 index | -44.0% |
| 2018 | 0.0827 index | -67.7% |
| 2019 | 0.0422 index | -48.9% |
Belize compared with similar countries
- Belize's 0.0422 index is below the median for upper middle income countries, which is 0.2896 index, 15% of the median. (49 countries reporting)
- Belize's 0.0422 index is below the median for Latin America & Caribbean, which is 0.2095 index, 20% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where Comparative advantage in environmental goods in Belize 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 |
|---|---|---|---|
| 2011 | +46054.2% | 0.0001 index | 0.0603 index |
| 2003 | +22164.7% | 0.0002 index | 0.039 index |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 136 Kazakhstan 0.0508 index compare
- 137 Burkina Faso 0.0481 index compare
- 138 Gambia 0.0439 index compare
- 140 Madagascar 0.0421 index compare
- 141 Ethiopia 0.042 index compare
- 142 Suriname 0.0391 index compare
More reference data data for Belize
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0139 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0337 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0813 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0041 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0813 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0467 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0206 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1856 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.399 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0225 (2050)
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
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.