Comparative advantage in environmental goods in Honduras
Honduras: Comparative advantage in environmental goods was 0.1238 index in 2019. ▼ Falling
Comparative advantage in environmental goods in Honduras, 1998–2019
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
The most recent figure for comparative advantage in environmental goods in Honduras is 0.1238 index, measured in 2019. That is the lowest value across all 19 years on record.
That represents a change of down 41.3% on the previous year and down 65.6% over ten years.
Over the whole period, comparative advantage in environmental goods in Honduras peaked at 0.388 index in 2007 and was at its lowest, 0.1238 index, in 2019.
Honduras ranks 108th of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Comparative advantage in environmental goods in Honduras, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.2732 index | — |
| 1999 | 0.3861 index | +41.3% |
| 2000 | 0.3249 index | -15.8% |
| 2001 | 0.3161 index | -2.7% |
| 2002 | 0.3234 index | +2.3% |
| 2003 | 0.3742 index | +15.7% |
| 2004 | 0.3092 index | -17.4% |
| 2005 | 0.2579 index | -16.6% |
| 2006 | 0.3057 index | +18.5% |
| 2007 | 0.388 index | +26.9% |
| 2009 | 0.3594 index | -7.4% |
| 2010 | 0.3255 index | -9.4% |
| 2011 | 0.1847 index | -43.2% |
| 2012 | 0.236 index | +27.7% |
| 2014 | 0.3115 index | +32.0% |
| 2015 | 0.1454 index | -53.3% |
| 2016 | 0.1441 index | -0.9% |
| 2017 | 0.2107 index | +46.2% |
| 2019 | 0.1238 index | -41.3% |
Honduras compared with similar countries
- Honduras's 0.1238 index is above the median for lower middle income countries, which is 0.1179 index, 1.0× the median. (37 countries reporting)
- Honduras's 0.1238 index is below the median for Latin America & Caribbean, which is 0.2095 index, 59% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3297 index | 0.2732 index | 0.3861 index | 2 |
| 2000s | 0.3288 index | 0.2579 index | 0.388 index | 9 |
| 2010s | 0.2102 index | 0.1238 index | 0.3255 index | 8 |
Countries ranked near Honduras
More reference data data for Honduras
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3649 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.7924 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.1 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0527 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.1 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.22 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4642 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.01 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.287 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Honduras?
- Comparative advantage in environmental goods in Honduras was 0.1238 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 Honduras?
- The highest recorded value was 0.388 index in 2007.
- What is the lowest comparative advantage in environmental goods recorded in Honduras?
- The lowest recorded value was 0.1238 index in 2019.
- How does Honduras rank for comparative advantage in environmental goods?
- Honduras ranks 108th out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Honduras?
- Over the last ten years it is down 65.6%. The long-run trend across the full record is falling.
- Where does this Honduras 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 — 19 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.