Comparative advantage in environmental goods in Panama
Panama: Comparative advantage in environmental goods was 0.2082 index in 2016. ◆ Volatile
Comparative advantage in environmental goods in Panama, 1998–2016
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.
Comparative advantage in environmental goods in Panama, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.5778 index | — |
| 1999 | 0.5578 index | -3.4% |
| 2000 | 0.6435 index | +15.3% |
| 2001 | 0.6667 index | +3.6% |
| 2002 | 0.5703 index | -14.5% |
| 2003 | 0.4775 index | -16.3% |
| 2004 | 0.4155 index | -13.0% |
| 2005 | 0.3242 index | -22.0% |
| 2006 | 0.2132 index | -34.2% |
| 2007 | 0.2125 index | -0.3% |
| 2008 | 0.2132 index | +0.3% |
| 2009 | 0.1637 index | -23.2% |
| 2010 | 0.1916 index | +17.1% |
| 2011 | 0.199 index | +3.9% |
| 2012 | 0.1947 index | -2.2% |
| 2013 | 0.2017 index | +3.6% |
| 2014 | 0.2405 index | +19.2% |
| 2015 | 0.2006 index | -16.6% |
| 2016 | 0.2082 index | +3.8% |
Panama compared with similar countries
- Panama's 0.2082 index is below the median for high income countries, which is 0.6392 index, 33% of the median. (62 countries reporting)
- Panama's 0.2082 index is below the median for Latin America & Caribbean, which is 0.2095 index, 99% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
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.
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.