Statizoid

Comparative advantage in environmental goods in Bermuda

Bermuda: Comparative advantage in environmental goods was 0.4825 index in 2019. ▼ Falling

Latest (2019)
0.4825 index
Change on year
down 65.3%
World rank
55th
of 163 countries
All-time high
1.86 index
in 2014
All-time low
0.4825 index
in 2019
Years of data
8
2012–2019

Comparative advantage in environmental goods in Bermuda, 2012–2019

0.511.522012201520192012: 1 index2013: 0.997 index2014: 1.9 index2015: 0.747 index2016: 0.795 index2017: 0.8 index2018: 1.4 index2019: 0.483 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

In 2019, comparative advantage in environmental goods in Bermuda stood at 0.4825 index. That is the lowest value across all 8 years on record.

That represents a change of down 65.3% on the previous year and down 52.9% over ten years.

Bermuda ranks 55th of 163 countries on this measure, in the middle of the range.

Countries ranked near Bermuda

  1. 52 Philippines 0.5294 index compare
  2. 53 Egypt 0.5056 index compare
  3. 54 India 0.4907 index compare
  4. 56 Sri Lanka 0.4813 index compare
  5. 57 Malta 0.4784 index compare
  6. 58 Iran 0.4711 index compare

See the full ranking of 163 places →

More reference data data for Bermuda

All data for Bermuda →

Frequently asked questions

What is comparative advantage in environmental goods in Bermuda?
Comparative advantage in environmental goods in Bermuda was 0.4825 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 Bermuda?
The highest recorded value was 1.86 index in 2014.
What is the lowest comparative advantage in environmental goods recorded in Bermuda?
The lowest recorded value was 0.4825 index in 2019.
How does Bermuda rank for comparative advantage in environmental goods?
Bermuda ranks 55th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Bermuda?
Over the last ten years it is down 52.9%. The long-run trend across the full record is falling.
Where does this Bermuda 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 — 8 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.