Comparative advantage in environmental goods in Montenegro
Montenegro: Comparative advantage in environmental goods was 0.2677 index in 2018. ▲ Rising
Comparative advantage in environmental goods in Montenegro, 2006–2018
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.
Comparative advantage in environmental goods in Montenegro, year by year
| Year | index | Change |
|---|---|---|
| 2006 | 0.2108 index | — |
| 2007 | 0.2105 index | -0.1% |
| 2008 | 0.1735 index | -17.6% |
| 2009 | 0.3294 index | +89.8% |
| 2010 | 0.1479 index | -55.1% |
| 2011 | 0.1498 index | +1.3% |
| 2012 | 0.183 index | +22.1% |
| 2013 | 0.2084 index | +13.9% |
| 2014 | 0.1775 index | -14.8% |
| 2015 | 0.1793 index | +1.0% |
| 2016 | 0.2588 index | +44.4% |
| 2017 | 0.2829 index | +9.3% |
| 2018 | 0.2677 index | -5.4% |
Montenegro compared with similar countries
- Montenegro's 0.2677 index is below the median for upper middle income countries, which is 0.2896 index, 92% of the median. (49 countries reporting)
- Montenegro's 0.2677 index is below the median for Europe & Central Asia, which is 0.91 index, 29% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
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.
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CSV · JSON — 13 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.