Comparative advantage in environmental goods in Ireland
Ireland: Comparative advantage in environmental goods was 0.2298 index in 2019. ⲠRising
Comparative advantage in environmental goods in Ireland, 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 Ireland stood at 0.2298 index. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 19.5% on the previous year and down 33.4% over ten years.
Over the whole period, comparative advantage in environmental goods in Ireland peaked at 0.4696 index in 2014 and was at its lowest, 0.2298 index, in 2019.
That places Ireland 90th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2833 index | 0.2794 index | 0.2872 index | 2 |
| 2000s | 0.3242 index | 0.257 index | 0.3866 index | 10 |
| 2010s | 0.3491 index | 0.2298 index | 0.4696 index | 10 |
Countries ranked near Ireland
More reference data data for Ireland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.45 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.19 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.37 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0921 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.87 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.6 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.02 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.5015 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Ireland?
- Comparative advantage in environmental goods in Ireland was 0.2298 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 Ireland?
- The highest recorded value was 0.4696 index in 2014.
- What is the lowest comparative advantage in environmental goods recorded in Ireland?
- The lowest recorded value was 0.2298 index in 2019.
- How does Ireland rank for comparative advantage in environmental goods?
- Ireland ranks 90th out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Ireland?
- Over the last ten years it is down 33.4%. The long-run trend across the full record is rising.
- Where does this Ireland 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.