Comparative advantage in environmental goods in South Korea
South Korea: Comparative advantage in environmental goods was 1.39 index in 2019. ▲ Rising
Comparative advantage in environmental goods in South Korea, 1998–2019
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.
Comparative advantage in environmental goods in South Korea, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.4829 index | — |
| 1999 | 0.4741 index | -1.8% |
| 2000 | 0.5119 index | +8.0% |
| 2001 | 0.552 index | +7.8% |
| 2002 | 0.5649 index | +2.3% |
| 2003 | 0.57 index | +0.9% |
| 2004 | 0.5662 index | -0.7% |
| 2005 | 0.6038 index | +6.7% |
| 2006 | 0.6519 index | +8.0% |
| 2007 | 0.6973 index | +7.0% |
| 2008 | 0.7319 index | +5.0% |
| 2009 | 0.7801 index | +6.6% |
| 2010 | 0.8807 index | +12.9% |
| 2011 | 0.9678 index | +9.9% |
| 2012 | 1.16 index | +19.8% |
| 2013 | 1.24 index | +7.3% |
| 2014 | 1.15 index | -7.6% |
| 2015 | 1.17 index | +2.2% |
| 2016 | 1.18 index | +0.5% |
| 2017 | 1.23 index | +3.9% |
| 2018 | 1.29 index | +5.4% |
| 2019 | 1.39 index | +7.5% |
South Korea compared with similar countries
- South Korea's 1.39 index is above the median for high income countries, which is 0.6392 index, 2.2× the median. (62 countries reporting)
- South Korea's 1.39 index is above the median for East Asia & Pacific, which is 0.3404 index, 4.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
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
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.