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Comparative advantage in environmental goods in Ghana

Ghana: Comparative advantage in environmental goods was 0.0988 index in 2019. ◆ Volatile

Latest (2019)
0.0988 index
Change on year
down 38.1%
World rank
116th
of 163 countries
All-time high
1.21 index
in 2006
All-time low
0.0343 index
in 1999
Years of data
18
1998–2019

Comparative advantage in environmental goods in Ghana, 1998–2019

00.250.50.7511.21998200820191998: 0.137 index1999: 0.034 index2003: 0.199 index2005: 0.147 index2006: 1.2 index2007: 0.281 index2008: 0.111 index2009: 0.352 index2010: 0.201 index2011: 0.27 index2012: 0.115 index2013: 0.11 index2014: 0.296 index2015: 0.224 index2016: 0.515 index2017: 0.325 index2018: 0.16 index2019: 0.099 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 Ghana stood at 0.0988 index.

Compared with earlier readings it is down 38.1% on the previous year and down 71.9% over ten years.

Over the whole period, comparative advantage in environmental goods in Ghana peaked at 1.21 index in 2006 and was at its lowest, 0.0343 index, in 1999.

That places Ghana 116th out of 163 countries with data for 2019, 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
1990s 0.0857 index 0.0343 index 0.1372 index 2
2000s 0.3842 index 0.1109 index 1.21 index 6
2010s 0.2315 index 0.0988 index 0.5154 index 10

Countries ranked near Ghana

  1. 113 Uganda 0.113 index compare
  2. 114 Congo 0.11 index compare
  3. 115 Burundi 0.1046 index compare
  4. 117 Mali 0.0957 index compare
  5. 118 Cote d'Ivoire 0.0892 index compare
  6. 119 Cameroon 0.0874 index compare

See the full ranking of 163 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is comparative advantage in environmental goods in Ghana?
Comparative advantage in environmental goods in Ghana was 0.0988 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 Ghana?
The highest recorded value was 1.21 index in 2006.
What is the lowest comparative advantage in environmental goods recorded in Ghana?
The lowest recorded value was 0.0343 index in 1999.
How does Ghana rank for comparative advantage in environmental goods?
Ghana ranks 116th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Ghana?
Over the last ten years it is down 71.9%. The long-run trend across the full record is volatile.
Where does this Ghana 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.