Comparative advantage in environmental goods in Nigeria
Nigeria: Comparative advantage in environmental goods was 0.0016 index in 2019. ◆ Volatile
Comparative advantage in environmental goods in Nigeria, 1998–2019
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
The most recent figure for comparative advantage in environmental goods in Nigeria is 0.0016 index, measured in 2019.
Compared with earlier readings it is down 73.6% on the previous year and down 96.6% over ten years.
Over the whole period, comparative advantage in environmental goods in Nigeria peaked at 0.0725 index in 2010 and was at its lowest, 0.0002 index, in 2001.
That places Nigeria 159th 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 in Nigeria, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.0032 index | — |
| 1999 | 0.0039 index | +22.1% |
| 2000 | 0.0031 index | -19.5% |
| 2001 | 0.0002 index | -93.7% |
| 2002 | 0.0022 index | +1025.2% |
| 2003 | 0.0656 index | +2836.5% |
| 2006 | 0.0065 index | -90.1% |
| 2007 | 0.0146 index | +126.1% |
| 2008 | 0.0128 index | -12.6% |
| 2009 | 0.0459 index | +258.5% |
| 2010 | 0.0725 index | +58.0% |
| 2011 | 0.0189 index | -73.9% |
| 2012 | 0.0084 index | -55.4% |
| 2013 | 0.0465 index | +451.4% |
| 2014 | 0.024 index | -48.5% |
| 2016 | 0.0026 index | -89.3% |
| 2017 | 0.0015 index | -41.8% |
| 2018 | 0.006 index | +301.0% |
| 2019 | 0.0016 index | -73.6% |
Nigeria compared with similar countries
- Nigeria's 0.0016 index is below the median for lower middle income countries, which is 0.1179 index, 1% of the median. (37 countries reporting)
- Nigeria's 0.0016 index is below the median for Sub-Saharan Africa, which is 0.0822 index, 2% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Comparative advantage in environmental goods in Nigeria 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 |
|---|---|---|---|
| 2003 | +2836.5% | 0.0022 index | 0.0656 index |
| 2002 | +1025.2% | 0.0002 index | 0.0022 index |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0035 index | 0.0032 index | 0.0039 index | 2 |
| 2000s | 0.0189 index | 0.0002 index | 0.0656 index | 8 |
| 2010s | 0.0202 index | 0.0015 index | 0.0725 index | 9 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Nigeria?
- Comparative advantage in environmental goods in Nigeria was 0.0016 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 Nigeria?
- The highest recorded value was 0.0725 index in 2010.
- What is the lowest comparative advantage in environmental goods recorded in Nigeria?
- The lowest recorded value was 0.0002 index in 2001.
- How does Nigeria rank for comparative advantage in environmental goods?
- Nigeria ranks 159th out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Nigeria?
- Over the last ten years it is down 96.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria 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 — 19 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.