Comparative advantage in environmental goods in Hungary

Hungary: Comparative advantage in environmental goods was 1.49 index in 2019. ▲ Rising

Latest (2019)
1.49 index
Change on year
down 6.5%
World rank
8th
of 163 countries
All-time high
2 index
in 2013
All-time low
0.8345 index
in 1999
Years of data
22
1998–2019

Comparative advantage in environmental goods in Hungary, 1998–2019

00.511.521998200820191998: 0.866 index1999: 0.835 index2000: 0.935 index2001: 0.946 index2002: 0.887 index2003: 0.951 index2004: 1 index2005: 1.1 index2006: 1.5 index2007: 1.4 index2008: 1.4 index2009: 1.4 index2010: 1.6 index2011: 1.8 index2012: 2 index2013: 2 index2014: 2 index2015: 1.6 index2016: 1.6 index2017: 1.6 index2018: 1.6 index2019: 1.5 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 Hungary stood at 1.49 index.

Compared with earlier readings it is down 6.5% on the previous year and up 3.7% over ten years.

Over the whole period, comparative advantage in environmental goods in Hungary peaked at 2 index in 2013 and was at its lowest, 0.8345 index, in 1999.

That places Hungary 8th out of 163 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8504 index 0.8345 index 0.8662 index 2
2000s 1.16 index 0.8875 index 1.46 index 10
2010s 1.72 index 1.49 index 2 index 10

Countries ranked near Hungary

  1. 5 Germany 1.83 index compare
  2. 6 Japan 1.79 index compare
  3. 7 Slovakia 1.54 index compare
  4. 9 Israel 1.42 index compare
  5. 10 South Korea 1.39 index compare
  6. 11 Austria 1.39 index compare

See the full ranking of 163 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is comparative advantage in environmental goods in Hungary?
Comparative advantage in environmental goods in Hungary was 1.49 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 Hungary?
The highest recorded value was 2 index in 2013.
What is the lowest comparative advantage in environmental goods recorded in Hungary?
The lowest recorded value was 0.8345 index in 1999.
How does Hungary rank for comparative advantage in environmental goods?
Hungary ranks 8th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Hungary?
Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
Where does this Hungary 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 — 22 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.