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Comparative advantage in environmental goods in India

India: Comparative advantage in environmental goods was 0.4907 index in 2019. ▲ Rising

Latest (2019)
0.4907 index
Change on year
down 2.1%
World rank
54th
of 163 countries
All-time high
0.5745 index
in 2008
All-time low
0.3088 index
in 1998
Years of data
22
1998–2019

Comparative advantage in environmental goods in India, 1998–2019

00.20.40.61998200820191998: 0.309 index1999: 0.335 index2000: 0.385 index2001: 0.39 index2002: 0.392 index2003: 0.382 index2004: 0.426 index2005: 0.439 index2006: 0.507 index2007: 0.524 index2008: 0.575 index2009: 0.505 index2010: 0.511 index2011: 0.426 index2012: 0.448 index2013: 0.472 index2014: 0.478 index2015: 0.538 index2016: 0.544 index2017: 0.5 index2018: 0.501 index2019: 0.491 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

India recorded 0.4907 index for comparative advantage in environmental goods in 2019.

Compared with earlier readings it is down 2.1% on the previous year and down 2.8% over ten years.

Over the whole period, comparative advantage in environmental goods in India peaked at 0.5745 index in 2008 and was at its lowest, 0.3088 index, in 1998.

That places India 54th out of 163 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3217 index 0.3088 index 0.3347 index 2
2000s 0.4524 index 0.3823 index 0.5745 index 10
2010s 0.491 index 0.4264 index 0.5441 index 10

Countries ranked near India

  1. 51 Vietnam 0.5516 index compare
  2. 52 Philippines 0.5294 index compare
  3. 53 Egypt 0.5056 index compare
  4. 55 Bermuda 0.4825 index compare
  5. 56 Sri Lanka 0.4813 index compare
  6. 57 Malta 0.4784 index compare

See the full ranking of 163 places →

More reference data data for India

All data for India →

Frequently asked questions

What is comparative advantage in environmental goods in India?
Comparative advantage in environmental goods in India was 0.4907 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 India?
The highest recorded value was 0.5745 index in 2008.
What is the lowest comparative advantage in environmental goods recorded in India?
The lowest recorded value was 0.3088 index in 1998.
How does India rank for comparative advantage in environmental goods?
India ranks 54th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in India?
Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
Where does this India 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.