Comparative advantage in environmental goods in North Macedonia
North Macedonia: Comparative advantage in environmental goods was 5.97 index in 2019. â Volatile
Comparative advantage in environmental goods in North Macedonia, 1998â2019
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 North Macedonia is 5.97 index, measured in 2019.
The figure is down 4.6% on the previous year and up 2,083.1% over ten years.
Over the whole period, comparative advantage in environmental goods in North Macedonia peaked at 6.71 index in 2016 and was at its lowest, 0.0081 index, in 2008.
North Macedonia ranks 1st of 163 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0713 index | 0.0674 index | 0.0752 index | 2 |
| 2000s | 0.12 index | 0.0081 index | 0.2737 index | 10 |
| 2010s | 5.2 index | 1.89 index | 6.71 index | 10 |
Countries ranked near North Macedonia
More reference data data for North Macedonia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.102 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1665 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4328 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0308 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4328 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.342 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.224 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6296 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.91 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.168 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in North Macedonia?
- Comparative advantage in environmental goods in North Macedonia was 5.97 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 North Macedonia?
- The highest recorded value was 6.71 index in 2016.
- What is the lowest comparative advantage in environmental goods recorded in North Macedonia?
- The lowest recorded value was 0.0081 index in 2008.
- How does North Macedonia rank for comparative advantage in environmental goods?
- North Macedonia ranks 1st out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in North Macedonia?
- Over the last ten years it is up 2,083.1%. The long-run trend across the full record is volatile.
- Where does this North Macedonia 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 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 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.