Comparative advantage in environmental goods in Hungary
Hungary: Comparative advantage in environmental goods was 1.49 index in 2019. ⲠRising
Comparative advantage in environmental goods in Hungary, 1998â2019
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
| Decade | Average | Lowest | Highest | 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
More reference data data for Hungary
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5538 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1724 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.5679 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.75 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.09 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6937 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.77 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.09 (2050)
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 â 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Environmental goods include both goods connected to environmental protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.