What is the lowest comparative advantage in environmental goods recorded in Iceland?

The lowest recorded value was 0.0351 index in 2006.

How does Iceland rank for comparative advantage in environmental goods?

Iceland ranks 129th out of 163 countries with data for 2019.

Is comparative advantage in environmental goods rising or falling in Iceland?

Over the last ten years it is down 31.5%. The long-run trend across the full record is falling.

Where does this Iceland 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.

Comparative advantage in environmental goods in Iceland

Name: Comparative advantage in environmental goods in Iceland
Creator: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations
License: CC BY 4.0 (World Bank Open Data)

Iceland: Comparative advantage in environmental goods was 0.0631 index in 2019. ▼ Falling

Latest (2019)

0.0631 index

Change on year

down 23.7%

World rank

129th

of 163 countries

All-time high

0.1675 index

in 2001

All-time low

0.0351 index

in 2006

Years of data

1998–2019

Comparative advantage in environmental goods in Iceland, 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 Iceland is 0.0631 index, measured in 2019.

That represents a change of down 23.7% on the previous year and down 31.5% over ten years.

Over the whole period, comparative advantage in environmental goods in Iceland peaked at 0.1675 index in 2001 and was at its lowest, 0.0351 index, in 2006.

Iceland ranks 129th of 163 countries on this measure, in the bottom quarter.

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

Averages by decade

Decade	Average	Lowest	Highest	Years
1990s	0.0594 index	0.0593 index	0.0595 index	2
2000s	0.1013 index	0.0351 index	0.1675 index	10
2010s	0.0955 index	0.0631 index	0.14 index	10

Countries ranked near Iceland

126 Ecuador 0.069 index compare
127 Kyrgyzstan 0.0676 index compare
128 Rwanda 0.0667 index compare
130 Dominica 0.0579 index compare
131 Nicaragua 0.0534 index compare
132 Papua New Guinea 0.0534 index compare

See the full ranking of 163 places →

More reference data data for Iceland

Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)

All data for Iceland →

Frequently asked questions

What is comparative advantage in environmental goods in Iceland?: Comparative advantage in environmental goods in Iceland was 0.0631 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 Iceland?: The highest recorded value was 0.1675 index in 2001.
What is the lowest comparative advantage in environmental goods recorded in Iceland?: The lowest recorded value was 0.0351 index in 2006.
How does Iceland rank for comparative advantage in environmental goods?: Iceland ranks 129th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Iceland?: Over the last ten years it is down 31.5%. The long-run trend across the full record is falling.
Where does this Iceland 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: 10 August 2026

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.