Comparative advantage in environmental goods in Guyana

Guyana: Comparative advantage in environmental goods was 0.0171 index in 2018. ◆ Volatile

Latest (2018)
0.0171 index
Change on year
down 92.4%
World rank
152nd
of 163 countries
All-time high
0.7826 index
in 2003
All-time low
0.0065 index
in 2013
Years of data
21
1998–2018

Comparative advantage in environmental goods in Guyana, 1998–2018

00.20.40.60.81998200820181998: 0.086 index1999: 0.085 index2000: 0.017 index2001: 0.162 index2002: 0.09 index2003: 0.783 index2004: 0.012 index2005: 0.145 index2006: 0.358 index2007: 0.037 index2008: 0.018 index2009: 0.034 index2010: 0.011 index2011: 0.01 index2012: 0.017 index2013: 0.006 index2014: 0.01 index2015: 0.012 index2016: 0.123 index2017: 0.224 index2018: 0.017 index

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

Analysis

Guyana recorded 0.0171 index for comparative advantage in environmental goods in 2018.

Compared with earlier readings it is down 92.4% on the previous year and down 4.4% over ten years.

Over the whole period, comparative advantage in environmental goods in Guyana peaked at 0.7826 index in 2003 and was at its lowest, 0.0065 index, in 2013.

That places Guyana 152nd out of 163 countries with data for 2018, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0856 index 0.0853 index 0.0859 index 2
2000s 0.1656 index 0.0122 index 0.7826 index 10
2010s 0.048 index 0.0065 index 0.2244 index 9

Countries ranked near Guyana

  1. 149 Macao 0.0252 index compare
  2. 150 Botswana 0.0232 index compare
  3. 151 Vanuatu 0.0219 index compare
  4. 153 Mongolia 0.015 index compare
  5. 154 Sudan 0.0079 index compare
  6. 155 Albania 0.0072 index compare

See the full ranking of 163 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is comparative advantage in environmental goods in Guyana?
Comparative advantage in environmental goods in Guyana was 0.0171 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 Guyana?
The highest recorded value was 0.7826 index in 2003.
What is the lowest comparative advantage in environmental goods recorded in Guyana?
The lowest recorded value was 0.0065 index in 2013.
How does Guyana rank for comparative advantage in environmental goods?
Guyana ranks 152nd out of 163 countries with data for 2018.
Is comparative advantage in environmental goods rising or falling in Guyana?
Over the last ten years it is down 4.4%. The long-run trend across the full record is volatile.
Where does this Guyana 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 — 21 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.