Comparative advantage in environmental goods in Montenegro
Montenegro: Comparative advantage in environmental goods was 0.2677 index in 2018. ⲠRising
Comparative advantage in environmental goods in Montenegro, 2006â2018
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
| 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) - Agricultural Soils 0.095 (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) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Direct emissions (N2O) - IPCC Agriculture 0.2693 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural Soil 96.52 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 96.52 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.0001 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric Fermentat 383.68 (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 â 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 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.