Comparative advantage in environmental goods in Guyana
Guyana: Comparative advantage in environmental goods was 0.0171 index in 2018. ◆ Volatile
Comparative advantage in environmental goods in Guyana, 1998–2018
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.
Comparative advantage in environmental goods in Guyana, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.0859 index | — |
| 1999 | 0.0853 index | -0.6% |
| 2000 | 0.0174 index | -79.6% |
| 2001 | 0.1616 index | +828.2% |
| 2002 | 0.0896 index | -44.6% |
| 2003 | 0.7826 index | +773.8% |
| 2004 | 0.0122 index | -98.4% |
| 2005 | 0.145 index | +1084.4% |
| 2006 | 0.3582 index | +147.0% |
| 2007 | 0.037 index | -89.7% |
| 2008 | 0.0179 index | -51.6% |
| 2009 | 0.0345 index | +92.6% |
| 2010 | 0.0111 index | -67.7% |
| 2011 | 0.0104 index | -6.6% |
| 2012 | 0.0171 index | +64.9% |
| 2013 | 0.0065 index | -62.1% |
| 2014 | 0.0101 index | +55.4% |
| 2015 | 0.0119 index | +18.3% |
| 2016 | 0.1234 index | +934.1% |
| 2017 | 0.2244 index | +81.9% |
| 2018 | 0.0171 index | -92.4% |
Guyana compared with similar countries
- Guyana's 0.0171 index is below the median for high income countries, which is 0.6392 index, 3% of the median. (62 countries reporting)
- Guyana's 0.0171 index is below the median for Latin America & Caribbean, which is 0.2095 index, 8% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where Comparative advantage in environmental goods in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +1084.4% | 0.0122 index | 0.145 index |
| 2016 | +934.1% | 0.0119 index | 0.1234 index |
| 2001 | +828.2% | 0.0174 index | 0.1616 index |
| 2003 | +773.8% | 0.0896 index | 0.7826 index |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Guyana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0396 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0791 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2193 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0297 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2193 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1326 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0457 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.4179 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1619 (2050)
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
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.