Comparative advantage in environmental goods in North Macedonia

North Macedonia: Comparative advantage in environmental goods was 5.97 index in 2019. ◆ Volatile

Latest (2019)
5.97 index
Change on year
down 4.6%
World rank
1st
of 163 countries
All-time high
6.71 index
in 2016
All-time low
0.0081 index
in 2008
Years of data
22
1998–2019

Comparative advantage in environmental goods in North Macedonia, 1998–2019

02461998200820191998: 0.075 index1999: 0.067 index2000: 0.129 index2001: 0.065 index2002: 0.11 index2003: 0.097 index2004: 0.088 index2005: 0.087 index2006: 0.163 index2007: 0.179 index2008: 0.008 index2009: 0.274 index2010: 1.9 index2011: 3.6 index2012: 4 index2013: 5.1 index2014: 5.9 index2015: 6.3 index2016: 6.7 index2017: 6.2 index2018: 6.3 index2019: 6 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 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

DecadeAverage LowestHighest 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

  1. 2 Trinidad and Tobago 5.53 index compare
  2. 3 Fiji 2.43 index compare
  3. 4 Togo 1.94 index compare

See the full ranking of 163 places →

More reference data data for North Macedonia

All data for North Macedonia →

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 — 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.