Comparative advantage in environmental goods in Ireland

Ireland: Comparative advantage in environmental goods was 0.2298 index in 2019. ▲ Rising

Latest (2019)
0.2298 index
Change on year
down 19.5%
World rank
90th
of 163 countries
All-time high
0.4696 index
in 2014
All-time low
0.2298 index
in 2019
Years of data
22
1998–2019

Comparative advantage in environmental goods in Ireland, 1998–2019

00.10.20.30.40.51998200820191998: 0.287 index1999: 0.279 index2000: 0.283 index2001: 0.257 index2002: 0.258 index2003: 0.327 index2004: 0.387 index2005: 0.358 index2006: 0.37 index2007: 0.341 index2008: 0.316 index2009: 0.345 index2010: 0.344 index2011: 0.363 index2012: 0.346 index2013: 0.401 index2014: 0.47 index2015: 0.403 index2016: 0.326 index2017: 0.324 index2018: 0.286 index2019: 0.23 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 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

DecadeAverage LowestHighest 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

  1. 87 Bhutan 0.2415 index compare
  2. 88 Morocco 0.2377 index compare
  3. 89 Gabon 0.2366 index compare
  4. 91 Russia 0.2289 index compare
  5. 92 United Arab Emirates 0.2268 index compare
  6. 93 New Zealand 0.2241 index compare

See the full ranking of 163 places →

More reference data data for Ireland

All data for Ireland →

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 — 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.