Comparative advantage in environmental goods in Finland

Finland: Comparative advantage in environmental goods was 0.8549 index in 2019. ▲ Rising

Latest (2019)
0.8549 index
Change on year
down 0.6%
World rank
36th
of 163 countries
All-time high
1.24 index
in 2010
All-time low
0.803 index
in 1999
Years of data
22
1998–2019

Comparative advantage in environmental goods in Finland, 1998–2019

00.250.50.7511.21998200820191998: 0.831 index1999: 0.803 index2000: 0.824 index2001: 0.848 index2002: 0.855 index2003: 0.885 index2004: 0.897 index2005: 0.948 index2006: 0.958 index2007: 0.995 index2008: 1.1 index2009: 1.2 index2010: 1.2 index2011: 1.2 index2012: 1.1 index2013: 1.1 index2014: 0.998 index2015: 0.904 index2016: 0.901 index2017: 0.867 index2018: 0.86 index2019: 0.855 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

In 2019, comparative advantage in environmental goods in Finland stood at 0.8549 index.

That represents a change of down 0.6% on the previous year and down 30.3% over ten years.

Over the whole period, comparative advantage in environmental goods in Finland peaked at 1.24 index in 2010 and was at its lowest, 0.803 index, in 1999.

That places Finland 36th out of 163 countries with data for 2019, putting it in the top quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8171 index 0.803 index 0.8313 index 2
2000s 0.9537 index 0.8239 index 1.23 index 10
2010s 1 index 0.8549 index 1.24 index 10

Countries ranked near Finland

  1. 33 Estonia 0.9331 index compare
  2. 34 Georgia 0.9228 index compare
  3. 35 Bosnia and Herzegovina 0.8972 index compare
  4. 37 Tanzania 0.8088 index compare
  5. 38 Serbia 0.8086 index compare
  6. 39 Thailand 0.7659 index compare

See the full ranking of 163 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is comparative advantage in environmental goods in Finland?
Comparative advantage in environmental goods in Finland was 0.8549 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 Finland?
The highest recorded value was 1.24 index in 2010.
What is the lowest comparative advantage in environmental goods recorded in Finland?
The lowest recorded value was 0.803 index in 1999.
How does Finland rank for comparative advantage in environmental goods?
Finland ranks 36th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Finland?
Over the last ten years it is down 30.3%. The long-run trend across the full record is rising.
Where does this Finland 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.