Comparative advantage in environmental goods in Dominican Republic

Dominican Republic: Comparative advantage in environmental goods was 0.3688 index in 2018. ◆ Volatile

Latest (2018)
0.3688 index
Change on year
down 12.9%
World rank
70th
of 163 countries
All-time high
0.4867 index
in 2013
All-time low
0.0822 index
in 2004
Years of data
18
2001–2018

Comparative advantage in environmental goods in Dominican Republic, 2001–2018

0.10.20.30.40.52001200920182001: 0.381 index2002: 0.135 index2003: 0.106 index2004: 0.082 index2005: 0.129 index2006: 0.206 index2007: 0.106 index2008: 0.191 index2009: 0.272 index2010: 0.166 index2011: 0.165 index2012: 0.452 index2013: 0.487 index2014: 0.478 index2015: 0.483 index2016: 0.455 index2017: 0.424 index2018: 0.369 index

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

DecadeAverage LowestHighest 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

  1. 67 Syria 0.3909 index compare
  2. 68 Moldova 0.389 index compare
  3. 69 Barbados 0.3786 index compare
  4. 71 Costa Rica 0.3497 index compare
  5. 72 Eswatini 0.3462 index compare
  6. 73 Andorra 0.3448 index compare

See the full ranking of 163 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

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.

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CSV · JSON — 18 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.