Comparative advantage in environmental goods (index) in Nicaragua
Nicaragua: Comparative advantage in environmental goods (index) was 0.0534 index in 2019. ◆ Volatile
Comparative advantage in environmental goods in Nicaragua, 1998–2019
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.
Comparative advantage in environmental goods (index) in Nicaragua, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.2125 index | — |
| 1999 | 0.213 index | +0.2% |
| 2000 | 0.2143 index | +0.6% |
| 2001 | 0.3298 index | +53.9% |
| 2002 | 0.3026 index | -8.3% |
| 2003 | 0.2874 index | -5.0% |
| 2004 | 0.2581 index | -10.2% |
| 2005 | 0.4175 index | +61.7% |
| 2006 | 0.235 index | -43.7% |
| 2007 | 0.099 index | -57.9% |
| 2008 | 0.3357 index | +239.2% |
| 2009 | 0.6528 index | +94.4% |
| 2010 | 0.1128 index | -82.7% |
| 2011 | 0.0818 index | -27.4% |
| 2012 | 0.0959 index | +17.1% |
| 2013 | 0.0719 index | -24.9% |
| 2014 | 0.0662 index | -8.0% |
| 2015 | 0.0602 index | -9.0% |
| 2016 | 0.0618 index | +2.6% |
| 2017 | 0.0646 index | +4.5% |
| 2018 | 0.0539 index | -16.6% |
| 2019 | 0.0534 index | -0.8% |
Nicaragua compared with similar countries
- Nicaragua's 0.0534 index is below the median for lower middle income countries, which is 0.1179 index, 45% of the median. (37 countries reporting)
- Nicaragua's 0.0534 index is below the median for Latin America & Caribbean, which is 0.2095 index, 25% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where Comparative advantage in environmental goods (index) in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +239.2% | 0.099 index | 0.3357 index |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
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
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.