Comparative advantage in environmental goods in Georgia

Georgia: Comparative advantage in environmental goods was 0.9228 index in 2019. ▼ Falling

Latest (2019)
0.9228 index
Change on year
down 4.0%
World rank
34th
of 163 countries
All-time high
1.78 index
in 1998
All-time low
0.6278 index
in 2008
Years of data
22
1998–2019

Comparative advantage in environmental goods in Georgia, 1998–2019

00.511.521998200820191998: 1.8 index1999: 0.827 index2000: 1.4 index2001: 1.3 index2002: 1.5 index2003: 1.2 index2004: 0.897 index2005: 1.2 index2006: 0.835 index2007: 0.628 index2008: 0.628 index2009: 0.677 index2010: 0.71 index2011: 0.711 index2012: 0.801 index2013: 1.2 index2014: 1.2 index2015: 0.982 index2016: 0.937 index2017: 0.931 index2018: 0.961 index2019: 0.923 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 Georgia stood at 0.9228 index.

That represents a change of down 4.0% on the previous year and up 36.2% over ten years.

Over the whole period, comparative advantage in environmental goods in Georgia peaked at 1.78 index in 1998 and was at its lowest, 0.6278 index, in 2008.

Georgia ranks 34th of 163 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.3 index 0.8265 index 1.78 index 2
2000s 1.03 index 0.6278 index 1.51 index 10
2010s 0.937 index 0.7101 index 1.21 index 10

Countries ranked near Georgia

  1. 31 France 0.9662 index compare
  2. 32 Mexico 0.9441 index compare
  3. 33 Estonia 0.9331 index compare
  4. 35 Bosnia and Herzegovina 0.8972 index compare
  5. 36 Finland 0.8549 index compare
  6. 37 Tanzania 0.8088 index compare

See the full ranking of 163 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is comparative advantage in environmental goods in Georgia?
Comparative advantage in environmental goods in Georgia was 0.9228 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 Georgia?
The highest recorded value was 1.78 index in 1998.
What is the lowest comparative advantage in environmental goods recorded in Georgia?
The lowest recorded value was 0.6278 index in 2008.
How does Georgia rank for comparative advantage in environmental goods?
Georgia ranks 34th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Georgia?
Over the last ten years it is up 36.2%. The long-run trend across the full record is falling.
Where does this Georgia 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.