Comparative advantage in environmental goods in Luxembourg
Luxembourg: Comparative advantage in environmental goods was 1.16 index in 2018. ⲠRising
Comparative advantage in environmental goods in Luxembourg, 1999â2018
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
The most recent figure for comparative advantage in environmental goods in Luxembourg is 1.16 index, measured in 2018.
Compared with earlier readings it is down 4.8% on the previous year and up 6.5% over ten years.
Over the whole period, comparative advantage in environmental goods in Luxembourg peaked at 1.38 index in 2012 and was at its lowest, 1.03 index, in 2001.
That places Luxembourg 21st out of 163 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.06 index | 1.06 index | 1.06 index | 1 |
| 2000s | 1.12 index | 1.03 index | 1.24 index | 10 |
| 2010s | 1.24 index | 1.12 index | 1.38 index | 9 |
Countries ranked near Luxembourg
More reference data data for Luxembourg
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.041 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0209 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1381 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0065 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1381 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1376 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.099 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1147 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.6709 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0353 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Luxembourg?
- Comparative advantage in environmental goods in Luxembourg was 1.16 index in 2018, 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 Luxembourg?
- The highest recorded value was 1.38 index in 2012.
- What is the lowest comparative advantage in environmental goods recorded in Luxembourg?
- The lowest recorded value was 1.03 index in 2001.
- How does Luxembourg rank for comparative advantage in environmental goods?
- Luxembourg ranks 21st out of 163 countries with data for 2018.
- Is comparative advantage in environmental goods rising or falling in Luxembourg?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this Luxembourg 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 20 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.