Comparative advantage in environmental goods in Mongolia

Mongolia: Comparative advantage in environmental goods was 0.015 index in 2019. ◆ Volatile

Latest (2019)
0.015 index
Change on year
up 36.4%
World rank
153rd
of 163 countries
All-time high
0.1786 index
in 1999
All-time low
0.0049 index
in 2002
Years of data
17
1998–2019

Comparative advantage in environmental goods in Mongolia, 1998–2019

00.050.10.150.21998200820191998: 0.016 index1999: 0.179 index2000: 0.011 index2001: 0.01 index2002: 0.005 index2003: 0.024 index2004: 0.005 index2005: 0.031 index2006: 0.02 index2007: 0.009 index2013: 0.035 index2014: 0.039 index2015: 0.025 index2016: 0.029 index2017: 0.013 index2018: 0.011 index2019: 0.015 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 Mongolia is 0.015 index, measured in 2019.

The figure is up 36.4% on the previous year and up 69.5% over ten years.

Over the whole period, comparative advantage in environmental goods in Mongolia peaked at 0.1786 index in 1999 and was at its lowest, 0.0049 index, in 2002.

Mongolia ranks 153rd of 163 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0972 index 0.0158 index 0.1786 index 2
2000s 0.0144 index 0.0049 index 0.0306 index 8
2010s 0.0236 index 0.011 index 0.0387 index 7

Countries ranked near Mongolia

  1. 150 Botswana 0.0232 index compare
  2. 151 Vanuatu 0.0219 index compare
  3. 152 Guyana 0.0171 index compare
  4. 154 Sudan 0.0079 index compare
  5. 155 Albania 0.0072 index compare
  6. 156 Comoros 0.0054 index compare

See the full ranking of 163 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is comparative advantage in environmental goods in Mongolia?
Comparative advantage in environmental goods in Mongolia was 0.015 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 Mongolia?
The highest recorded value was 0.1786 index in 1999.
What is the lowest comparative advantage in environmental goods recorded in Mongolia?
The lowest recorded value was 0.0049 index in 2002.
How does Mongolia rank for comparative advantage in environmental goods?
Mongolia ranks 153rd out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Mongolia?
Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
Where does this Mongolia 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.

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CSV · JSON — 17 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.