Comparative advantage in environmental goods in Paraguay

Paraguay: Comparative advantage in environmental goods was 0.2108 index in 2019. ◆ Volatile

Latest (2019)
0.2108 index
Change on year
up 116.1%
World rank
95th
of 163 countries
All-time high
0.2108 index
in 2019
All-time low
0.0145 index
in 2003
Years of data
22
1998–2019

Comparative advantage in environmental goods in Paraguay, 1998–2019

00.050.10.150.21998200820191998: 0.046 index1999: 0.09 index2000: 0.02 index2001: 0.028 index2002: 0.016 index2003: 0.014 index2004: 0.029 index2005: 0.016 index2006: 0.063 index2007: 0.031 index2008: 0.019 index2009: 0.026 index2010: 0.029 index2011: 0.052 index2012: 0.043 index2013: 0.053 index2014: 0.088 index2015: 0.07 index2016: 0.044 index2017: 0.041 index2018: 0.098 index2019: 0.211 index

Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.

Analysis

Paraguay recorded 0.2108 index for comparative advantage in environmental goods in 2019. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 116.1% on the previous year and up 708.1% over ten years.

Over the whole period, comparative advantage in environmental goods in Paraguay peaked at 0.2108 index in 2019 and was at its lowest, 0.0145 index, in 2003.

Paraguay ranks 95th 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 0.0678 index 0.0461 index 0.0895 index 2
2000s 0.0261 index 0.0145 index 0.0626 index 10
2010s 0.0728 index 0.0285 index 0.2108 index 10

Countries ranked near Paraguay

  1. 92 United Arab Emirates 0.2268 index compare
  2. 93 New Zealand 0.2241 index compare
  3. 94 Nepal 0.2211 index compare
  4. 96 Panama 0.2082 index compare
  5. 97 Mauritius 0.206 index compare
  6. 98 Kenya 0.2023 index compare

See the full ranking of 163 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is comparative advantage in environmental goods in Paraguay?
Comparative advantage in environmental goods in Paraguay was 0.2108 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 Paraguay?
The highest recorded value was 0.2108 index in 2019.
What is the lowest comparative advantage in environmental goods recorded in Paraguay?
The lowest recorded value was 0.0145 index in 2003.
How does Paraguay rank for comparative advantage in environmental goods?
Paraguay ranks 95th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Paraguay?
Over the last ten years it is up 708.1%. The long-run trend across the full record is volatile.
Where does this Paraguay 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 — 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.