Comparative advantage in environmental goods in Luxembourg

Luxembourg: Comparative advantage in environmental goods was 1.16 index in 2018. ▲ Rising

Latest (2018)
1.16 index
Change on year
down 4.8%
World rank
21st
of 163 countries
All-time high
1.38 index
in 2012
All-time low
1.03 index
in 2001
Years of data
20
1999–2018

Comparative advantage in environmental goods in Luxembourg, 1999–2018

00.511.51999200820181999: 1.1 index2000: 1.1 index2001: 1 index2002: 1.2 index2003: 1.2 index2004: 1.1 index2005: 1.1 index2006: 1.1 index2007: 1.1 index2008: 1.1 index2009: 1.2 index2010: 1.3 index2011: 1.4 index2012: 1.4 index2013: 1.3 index2014: 1.2 index2015: 1.1 index2016: 1.1 index2017: 1.2 index2018: 1.2 index

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

DecadeAverage LowestHighest 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

  1. 18 Belgium 1.21 index compare
  2. 19 United Kingdom 1.19 index compare
  3. 20 United States 1.18 index compare
  4. 22 Bulgaria 1.16 index compare
  5. 23 China 1.15 index compare
  6. 24 Poland 1.14 index compare

See the full ranking of 163 places →

More reference data data for Luxembourg

All data for Luxembourg →

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 — 20 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.