Comparative advantage in environmental goods in Nigeria

Nigeria: Comparative advantage in environmental goods was 0.0016 index in 2019. ◆ Volatile

Latest (2019)
0.0016 index
Change on year
down 73.6%
World rank
159th
of 163 countries
All-time high
0.0725 index
in 2010
All-time low
0.0002 index
in 2001
Years of data
19
1998–2019

Comparative advantage in environmental goods in Nigeria, 1998–2019

00.020.040.060.081998200820191998: 0.003 index1999: 0.004 index2000: 0.003 index2001: 0 index2002: 0.002 index2003: 0.066 index2006: 0.006 index2007: 0.015 index2008: 0.013 index2009: 0.046 index2010: 0.072 index2011: 0.019 index2012: 0.008 index2013: 0.046 index2014: 0.024 index2016: 0.003 index2017: 0.001 index2018: 0.006 index2019: 0.002 index

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 156 Comoros 0.0054 index compare
  2. 157 Sao Tome and Principe 0.0036 index compare
  3. 158 Maldives 0.0024 index compare
  4. 160 Cape Verde 0.0015 index compare
  5. 161 Qatar 0.0002 index compare
  6. 162 Algeria 0.0002 index compare

See the full ranking of 163 places →

More reference data data for Nigeria

All data for Nigeria →

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

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.