Comparative advantage in environmental goods in Honduras

Honduras: Comparative advantage in environmental goods was 0.1238 index in 2019. ▼ Falling

Latest (2019)
0.1238 index
Change on year
down 41.3%
World rank
108th
of 163 countries
All-time high
0.388 index
in 2007
All-time low
0.1238 index
in 2019
Years of data
19
1998–2019

Comparative advantage in environmental goods in Honduras, 1998–2019

0.10.20.30.41998200820191998: 0.273 index1999: 0.386 index2000: 0.325 index2001: 0.316 index2002: 0.323 index2003: 0.374 index2004: 0.309 index2005: 0.258 index2006: 0.306 index2007: 0.388 index2009: 0.359 index2010: 0.325 index2011: 0.185 index2012: 0.236 index2014: 0.312 index2015: 0.145 index2016: 0.144 index2017: 0.211 index2019: 0.124 index

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 105 Mozambique 0.1394 index compare
  2. 106 Chile 0.1356 index compare
  3. 107 Cyprus 0.1325 index compare
  4. 109 Colombia 0.1207 index compare
  5. 110 Cambodia 0.1179 index compare
  6. 111 Malawi 0.1176 index compare

See the full ranking of 163 places →

More reference data data for Honduras

All data for Honduras →

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

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.