Comparative advantage in environmental goods in Colombia

Colombia: Comparative advantage in environmental goods was 0.1207 index in 2019. ▼ Falling

Latest (2019)
0.1207 index
Change on year
down 8.4%
World rank
109th
of 163 countries
All-time high
0.272 index
in 2002
All-time low
0.1065 index
in 2012
Years of data
22
1998–2019

Comparative advantage in environmental goods in Colombia, 1998–2019

00.10.20.31998200820191998: 0.216 index1999: 0.16 index2000: 0.187 index2001: 0.257 index2002: 0.272 index2003: 0.251 index2004: 0.263 index2005: 0.245 index2006: 0.227 index2007: 0.214 index2008: 0.207 index2009: 0.184 index2010: 0.143 index2011: 0.122 index2012: 0.107 index2013: 0.13 index2014: 0.142 index2015: 0.174 index2016: 0.18 index2017: 0.139 index2018: 0.132 index2019: 0.121 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 Colombia is 0.1207 index, measured in 2019.

That represents a change of down 8.4% on the previous year and down 34.4% over ten years.

Over the whole period, comparative advantage in environmental goods in Colombia peaked at 0.272 index in 2002 and was at its lowest, 0.1065 index, in 2012.

That places Colombia 109th 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 0.1877 index 0.1596 index 0.2157 index 2
2000s 0.2307 index 0.1839 index 0.272 index 10
2010s 0.1389 index 0.1065 index 0.1797 index 10

Countries ranked near Colombia

  1. 106 Chile 0.1356 index compare
  2. 107 Cyprus 0.1325 index compare
  3. 108 Honduras 0.1238 index compare
  4. 110 Cambodia 0.1179 index compare
  5. 111 Malawi 0.1176 index compare
  6. 112 Guinea 0.116 index compare

See the full ranking of 163 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is comparative advantage in environmental goods in Colombia?
Comparative advantage in environmental goods in Colombia was 0.1207 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 Colombia?
The highest recorded value was 0.272 index in 2002.
What is the lowest comparative advantage in environmental goods recorded in Colombia?
The lowest recorded value was 0.1065 index in 2012.
How does Colombia rank for comparative advantage in environmental goods?
Colombia ranks 109th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Colombia?
Over the last ten years it is down 34.4%. The long-run trend across the full record is falling.
Where does this Colombia 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.