Comparative advantage in environmental goods in Canada
Canada: Comparative advantage in environmental goods was 0.7003 index in 2019. âź Falling
Comparative advantage in environmental goods in Canada, 1998â2019
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
| Decade | Average | Lowest | Highest | 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
More reference data data for Canada
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
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 â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.