Comparative advantage in environmental goods in Georgia
Georgia: Comparative advantage in environmental goods was 0.9228 index in 2019. ▼ Falling
Comparative advantage in environmental goods in Georgia, 1998–2019
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.
Comparative advantage in environmental goods in Georgia, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 1.78 index | — |
| 1999 | 0.8265 index | -53.6% |
| 2000 | 1.45 index | +75.2% |
| 2001 | 1.31 index | -9.2% |
| 2002 | 1.51 index | +14.5% |
| 2003 | 1.2 index | -20.4% |
| 2004 | 0.8967 index | -25.2% |
| 2005 | 1.16 index | +29.4% |
| 2006 | 0.8354 index | -28.0% |
| 2007 | 0.628 index | -24.8% |
| 2008 | 0.6278 index | -0.0% |
| 2009 | 0.6773 index | +7.9% |
| 2010 | 0.7101 index | +4.8% |
| 2011 | 0.7106 index | +0.1% |
| 2012 | 0.801 index | +12.7% |
| 2013 | 1.2 index | +50.2% |
| 2014 | 1.21 index | +0.6% |
| 2015 | 0.9823 index | -18.9% |
| 2016 | 0.9366 index | -4.7% |
| 2017 | 0.9312 index | -0.6% |
| 2018 | 0.9615 index | +3.2% |
| 2019 | 0.9228 index | -4.0% |
Georgia compared with similar countries
- Georgia's 0.9228 index is above the median for upper middle income countries, which is 0.2896 index, 3.2× the median. (49 countries reporting)
- Georgia's 0.9228 index is above the median for Europe & Central Asia, which is 0.91 index, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Georgia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.097 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.684 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0278 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3252 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2904 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1515 (2050)
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
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.