Comparative advantage in environmental goods in Canada

Canada: Comparative advantage in environmental goods was 0.7003 index in 2019. ▼ Falling

Latest (2019)
0.7003 index
Change on year
down 0.1%
World rank
43rd
of 163 countries
All-time high
0.8068 index
in 2009
All-time low
0.6991 index
in 2017
Years of data
22
1998–2019

Comparative advantage in environmental goods in Canada, 1998–2019

00.20.40.60.81998200820191998: 0.736 index1999: 0.709 index2000: 0.709 index2001: 0.72 index2002: 0.763 index2003: 0.797 index2004: 0.772 index2005: 0.773 index2006: 0.801 index2007: 0.778 index2008: 0.755 index2009: 0.807 index2010: 0.727 index2011: 0.742 index2012: 0.748 index2013: 0.753 index2014: 0.699 index2015: 0.724 index2016: 0.709 index2017: 0.699 index2018: 0.701 index2019: 0.7 index

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

Analysis

Canada recorded 0.7003 index for comparative advantage in environmental goods in 2019.

Compared with earlier readings it is down 0.1% on the previous year and down 13.2% over ten years.

Over the whole period, comparative advantage in environmental goods in Canada peaked at 0.8068 index in 2009 and was at its lowest, 0.6991 index, in 2017.

That places Canada 43rd out of 163 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7229 index 0.7093 index 0.7365 index 2
2000s 0.7675 index 0.7089 index 0.8068 index 10
2010s 0.7204 index 0.6991 index 0.7535 index 10

Countries ranked near Canada

  1. 40 Spain 0.7422 index compare
  2. 41 South Africa 0.742 index compare
  3. 42 Singapore 0.7242 index compare
  4. 44 Switzerland 0.6749 index compare
  5. 45 Tunisia 0.6703 index compare
  6. 46 Croatia 0.6596 index compare

See the full ranking of 163 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is comparative advantage in environmental goods in Canada?
Comparative advantage in environmental goods in Canada was 0.7003 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 Canada?
The highest recorded value was 0.8068 index in 2009.
What is the lowest comparative advantage in environmental goods recorded in Canada?
The lowest recorded value was 0.6991 index in 2017.
How does Canada rank for comparative advantage in environmental goods?
Canada ranks 43rd out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Canada?
Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.
Where does this Canada 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.