Comparative advantage in environmental goods in Dominican Republic
Dominican Republic: Comparative advantage in environmental goods was 0.3688 index in 2018. â Volatile
Comparative advantage in environmental goods in Dominican Republic, 2001â2018
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
Dominican Republic recorded 0.3688 index for comparative advantage in environmental goods in 2018.
That represents a change of down 12.9% on the previous year and up 93.3% over ten years.
Over the whole period, comparative advantage in environmental goods in Dominican Republic peaked at 0.4867 index in 2013 and was at its lowest, 0.0822 index, in 2004.
That places Dominican Republic 70th out of 163 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1787 index | 0.0822 index | 0.3813 index | 9 |
| 2010s | 0.3865 index | 0.165 index | 0.4867 index | 9 |
Countries ranked near Dominican Republic
More reference data data for Dominican Republic
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.46 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.79 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0601 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.79 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.54 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9595 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 7.91 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 13.84 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3273 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Dominican Republic?
- Comparative advantage in environmental goods in Dominican Republic was 0.3688 index in 2018, 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 Dominican Republic?
- The highest recorded value was 0.4867 index in 2013.
- What is the lowest comparative advantage in environmental goods recorded in Dominican Republic?
- The lowest recorded value was 0.0822 index in 2004.
- How does Dominican Republic rank for comparative advantage in environmental goods?
- Dominican Republic ranks 70th out of 163 countries with data for 2018.
- Is comparative advantage in environmental goods rising or falling in Dominican Republic?
- Over the last ten years it is up 93.3%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic 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 18 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.