Comparative advantage in environmental goods in South Korea

South Korea: Comparative advantage in environmental goods was 1.39 index in 2019. ▲ Rising

Latest (2019)
1.39 index
Change on year
up 7.5%
World rank
10th
of 163 countries
All-time high
1.39 index
in 2019
All-time low
0.4741 index
in 1999
Years of data
22
1998–2019

Comparative advantage in environmental goods in South Korea, 1998–2019

0.40.60.811.21.41998200820191998: 0.483 index1999: 0.474 index2000: 0.512 index2001: 0.552 index2002: 0.565 index2003: 0.57 index2004: 0.566 index2005: 0.604 index2006: 0.652 index2007: 0.697 index2008: 0.732 index2009: 0.78 index2010: 0.881 index2011: 0.968 index2012: 1.2 index2013: 1.2 index2014: 1.1 index2015: 1.2 index2016: 1.2 index2017: 1.2 index2018: 1.3 index2019: 1.4 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 South Korea stood at 1.39 index. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 7.5% on the previous year and up 78.1% over ten years.

Over the whole period, comparative advantage in environmental goods in South Korea peaked at 1.39 index in 2019 and was at its lowest, 0.4741 index, in 1999.

That places South Korea 10th 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

DecadeAverage LowestHighest Years
1990s 0.4785 index 0.4741 index 0.4829 index 2
2000s 0.623 index 0.5119 index 0.7801 index 10
2010s 1.17 index 0.8807 index 1.39 index 10

Countries ranked near South Korea

  1. 7 Slovakia 1.54 index compare
  2. 8 Hungary 1.49 index compare
  3. 9 Israel 1.42 index compare
  4. 11 Austria 1.39 index compare
  5. 12 Denmark 1.37 index compare
  6. 13 Sweden 1.37 index compare

See the full ranking of 163 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is comparative advantage in environmental goods in South Korea?
Comparative advantage in environmental goods in South Korea was 1.39 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 South Korea?
The highest recorded value was 1.39 index in 2019.
What is the lowest comparative advantage in environmental goods recorded in South Korea?
The lowest recorded value was 0.4741 index in 1999.
How does South Korea rank for comparative advantage in environmental goods?
South Korea ranks 10th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in South Korea?
Over the last ten years it is up 78.1%. The long-run trend across the full record is rising.
Where does this South Korea 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.