Comparative advantage in environmental goods in Cape Verde

Cape Verde: Comparative advantage in environmental goods was 0.0015 index in 2019. ◆ Volatile

Latest (2019)
0.0015 index
Change on year
up 48,898.3%
World rank
160th
of 163 countries
All-time high
0.9964 index
in 2005
All-time low
0 index
in 2018
Years of data
14
1998–2019

Comparative advantage in environmental goods in Cape Verde, 1998–2019

00.20.40.60.811998200820191998: 0.066 index1999: 0.101 index2000: 0.386 index2001: 0.003 index2003: 0.137 index2005: 0.996 index2006: 0.7 index2007: 0.175 index2009: 0.179 index2010: 0.212 index2011: 0.101 index2012: 0.1 index2018: 0 index2019: 0.001 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 Cape Verde is 0.0015 index, measured in 2019.

Compared with earlier readings it is up 48,898.3% on the previous year and down 99.2% over ten years.

Over the whole period, comparative advantage in environmental goods in Cape Verde peaked at 0.9964 index in 2005 and was at its lowest, 0 index, in 2018.

Cape Verde ranks 160th of 163 countries on this measure, 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 0.0836 index 0.0657 index 0.1015 index 2
2000s 0.3682 index 0.0033 index 0.9964 index 7
2010s 0.0829 index 0 index 0.2122 index 5

Countries ranked near Cape Verde

  1. 157 Sao Tome and Principe 0.0036 index compare
  2. 158 Maldives 0.0024 index compare
  3. 159 Nigeria 0.0016 index compare
  4. 161 Qatar 0.0002 index compare
  5. 162 Algeria 0.0002 index compare
  6. 163 Mauritania 0.0001 index compare

See the full ranking of 163 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is comparative advantage in environmental goods in Cape Verde?
Comparative advantage in environmental goods in Cape Verde was 0.0015 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 Cape Verde?
The highest recorded value was 0.9964 index in 2005.
What is the lowest comparative advantage in environmental goods recorded in Cape Verde?
The lowest recorded value was 0 index in 2018.
How does Cape Verde rank for comparative advantage in environmental goods?
Cape Verde ranks 160th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Cape Verde?
Over the last ten years it is down 99.2%. The long-run trend across the full record is volatile.
Where does this Cape Verde 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 — 14 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.