Comparative advantage in environmental goods in Montenegro

Montenegro: Comparative advantage in environmental goods was 0.2677 index in 2018. ▲ Rising

Latest (2018)
0.2677 index
Change on year
down 5.4%
World rank
82nd
of 163 countries
All-time high
0.3294 index
in 2009
All-time low
0.1479 index
in 2010
Years of data
13
2006–2018

Comparative advantage in environmental goods in Montenegro, 2006–2018

00.10.20.32006201220182006: 0.211 index2007: 0.211 index2008: 0.173 index2009: 0.329 index2010: 0.148 index2011: 0.15 index2012: 0.183 index2013: 0.208 index2014: 0.178 index2015: 0.179 index2016: 0.259 index2017: 0.283 index2018: 0.268 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

In 2018, comparative advantage in environmental goods in Montenegro stood at 0.2677 index.

Compared with earlier readings it is down 5.4% on the previous year and up 54.3% over ten years.

Over the whole period, comparative advantage in environmental goods in Montenegro peaked at 0.3294 index in 2009 and was at its lowest, 0.1479 index, in 2010.

Montenegro ranks 82nd of 163 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.231 index 0.1735 index 0.3294 index 4
2010s 0.2061 index 0.1479 index 0.2829 index 9

Countries ranked near Montenegro

  1. 79 Jordan 0.2896 index compare
  2. 80 Cuba 0.2822 index
  3. 81 Bahrain 0.2743 index compare
  4. 83 Ukraine 0.2648 index compare
  5. 84 Grenada 0.2568 index
  6. 85 Laos 0.246 index compare

See the full ranking of 163 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is comparative advantage in environmental goods in Montenegro?
Comparative advantage in environmental goods in Montenegro was 0.2677 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 Montenegro?
The highest recorded value was 0.3294 index in 2009.
What is the lowest comparative advantage in environmental goods recorded in Montenegro?
The lowest recorded value was 0.1479 index in 2010.
How does Montenegro rank for comparative advantage in environmental goods?
Montenegro ranks 82nd out of 163 countries with data for 2018.
Is comparative advantage in environmental goods rising or falling in Montenegro?
Over the last ten years it is up 54.3%. The long-run trend across the full record is rising.
Where does this Montenegro 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 — 13 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.