Comparative advantage in environmental goods in Nicaragua

Nicaragua: Comparative advantage in environmental goods was 0.0534 index in 2019. ◆ Volatile

Latest (2019)
0.0534 index
Change on year
down 0.8%
World rank
131st
of 163 countries
All-time high
0.6528 index
in 2009
All-time low
0.0534 index
in 2019
Years of data
22
1998–2019

Comparative advantage in environmental goods in Nicaragua, 1998–2019

00.20.40.61998200820191998: 0.213 index1999: 0.213 index2000: 0.214 index2001: 0.33 index2002: 0.303 index2003: 0.287 index2004: 0.258 index2005: 0.418 index2006: 0.235 index2007: 0.099 index2008: 0.336 index2009: 0.653 index2010: 0.113 index2011: 0.082 index2012: 0.096 index2013: 0.072 index2014: 0.066 index2015: 0.06 index2016: 0.062 index2017: 0.065 index2018: 0.054 index2019: 0.053 index

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

Analysis

Nicaragua recorded 0.0534 index for comparative advantage in environmental goods in 2019. That is the lowest value across all 22 years on record.

Compared with earlier readings it is down 0.8% on the previous year and down 91.8% over ten years.

Over the whole period, comparative advantage in environmental goods in Nicaragua peaked at 0.6528 index in 2009 and was at its lowest, 0.0534 index, in 2019.

That places Nicaragua 131st out of 163 countries with data for 2019, putting it 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 0.2127 index 0.2125 index 0.213 index 2
2000s 0.3132 index 0.099 index 0.6528 index 10
2010s 0.0723 index 0.0534 index 0.1128 index 10

Countries ranked near Nicaragua

  1. 128 Rwanda 0.0667 index compare
  2. 129 Iceland 0.0631 index compare
  3. 130 Dominica 0.0579 index compare
  4. 132 Papua New Guinea 0.0534 index compare
  5. 133 Lesotho 0.0533 index compare
  6. 134 Samoa 0.0532 index compare

See the full ranking of 163 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is comparative advantage in environmental goods in Nicaragua?
Comparative advantage in environmental goods in Nicaragua was 0.0534 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 Nicaragua?
The highest recorded value was 0.6528 index in 2009.
What is the lowest comparative advantage in environmental goods recorded in Nicaragua?
The lowest recorded value was 0.0534 index in 2019.
How does Nicaragua rank for comparative advantage in environmental goods?
Nicaragua ranks 131st out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Nicaragua?
Over the last ten years it is down 91.8%. The long-run trend across the full record is volatile.
Where does this Nicaragua 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 — 22 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.