Comparative advantage in environmental goods in Panama

Panama: Comparative advantage in environmental goods was 0.2082 index in 2016. ◆ Volatile

Latest (2016)
0.2082 index
Change on year
up 3.8%
World rank
96th
of 163 countries
All-time high
0.6667 index
in 2001
All-time low
0.1637 index
in 2009
Years of data
19
1998–2016

Comparative advantage in environmental goods in Panama, 1998–2016

0.20.40.61998200720161998: 0.578 index1999: 0.558 index2000: 0.643 index2001: 0.667 index2002: 0.57 index2003: 0.477 index2004: 0.416 index2005: 0.324 index2006: 0.213 index2007: 0.213 index2008: 0.213 index2009: 0.164 index2010: 0.192 index2011: 0.199 index2012: 0.195 index2013: 0.202 index2014: 0.241 index2015: 0.201 index2016: 0.208 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 Panama is 0.2082 index, measured in 2016.

Compared with earlier readings it is up 3.8% on the previous year and down 2.3% over ten years.

Over the whole period, comparative advantage in environmental goods in Panama peaked at 0.6667 index in 2001 and was at its lowest, 0.1637 index, in 2009.

Panama ranks 96th of 163 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5678 index 0.5578 index 0.5778 index 2
2000s 0.39 index 0.1637 index 0.6667 index 10
2010s 0.2052 index 0.1916 index 0.2405 index 7

Countries ranked near Panama

  1. 93 New Zealand 0.2241 index compare
  2. 94 Nepal 0.2211 index compare
  3. 95 Paraguay 0.2108 index compare
  4. 97 Mauritius 0.206 index compare
  5. 98 Kenya 0.2023 index compare
  6. 99 Namibia 0.1904 index compare

See the full ranking of 163 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is comparative advantage in environmental goods in Panama?
Comparative advantage in environmental goods in Panama was 0.2082 index in 2016, 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 Panama?
The highest recorded value was 0.6667 index in 2001.
What is the lowest comparative advantage in environmental goods recorded in Panama?
The lowest recorded value was 0.1637 index in 2009.
How does Panama rank for comparative advantage in environmental goods?
Panama ranks 96th out of 163 countries with data for 2016.
Is comparative advantage in environmental goods rising or falling in Panama?
Over the last ten years it is down 2.3%. The long-run trend across the full record is volatile.
Where does this Panama 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 — 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.