Comparative advantage in environmental goods in Colombia
Colombia: Comparative advantage in environmental goods was 0.1207 index in 2019. ▼ Falling
Comparative advantage in environmental goods in Colombia, 1998–2019
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.
Comparative advantage in environmental goods in Colombia, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.2157 index | — |
| 1999 | 0.1596 index | -26.0% |
| 2000 | 0.1872 index | +17.3% |
| 2001 | 0.2572 index | +37.4% |
| 2002 | 0.272 index | +5.7% |
| 2003 | 0.2509 index | -7.7% |
| 2004 | 0.2626 index | +4.7% |
| 2005 | 0.2455 index | -6.5% |
| 2006 | 0.2269 index | -7.6% |
| 2007 | 0.2136 index | -5.9% |
| 2008 | 0.2074 index | -2.9% |
| 2009 | 0.1839 index | -11.4% |
| 2010 | 0.1435 index | -22.0% |
| 2011 | 0.1215 index | -15.3% |
| 2012 | 0.1065 index | -12.3% |
| 2013 | 0.1302 index | +22.3% |
| 2014 | 0.142 index | +9.0% |
| 2015 | 0.174 index | +22.5% |
| 2016 | 0.1797 index | +3.3% |
| 2017 | 0.1391 index | -22.6% |
| 2018 | 0.1317 index | -5.3% |
| 2019 | 0.1207 index | -8.4% |
Colombia compared with similar countries
- Colombia's 0.1207 index is below the median for upper middle income countries, which is 0.2896 index, 42% of the median. (49 countries reporting)
- Colombia's 0.1207 index is below the median for Latin America & Caribbean, which is 0.2095 index, 58% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Colombia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.17 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 19.02 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4113 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 19.02 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.81 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.67 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 61.25 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 94.56 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
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
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.