Comparative advantage in environmental goods in Paraguay
Paraguay: Comparative advantage in environmental goods was 0.2108 index in 2019. ◆ Volatile
Comparative advantage in environmental goods in Paraguay, 1998–2019
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.
Comparative advantage in environmental goods in Paraguay, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.0461 index | — |
| 1999 | 0.0895 index | +94.1% |
| 2000 | 0.0195 index | -78.2% |
| 2001 | 0.028 index | +43.3% |
| 2002 | 0.0159 index | -43.1% |
| 2003 | 0.0145 index | -9.0% |
| 2004 | 0.0294 index | +103.1% |
| 2005 | 0.0157 index | -46.8% |
| 2006 | 0.0626 index | +300.1% |
| 2007 | 0.0308 index | -50.7% |
| 2008 | 0.0186 index | -39.7% |
| 2009 | 0.0261 index | +40.3% |
| 2010 | 0.0285 index | +9.4% |
| 2011 | 0.0521 index | +82.4% |
| 2012 | 0.0432 index | -16.9% |
| 2013 | 0.0532 index | +23.1% |
| 2014 | 0.0884 index | +66.2% |
| 2015 | 0.0699 index | -20.9% |
| 2016 | 0.0438 index | -37.4% |
| 2017 | 0.0409 index | -6.6% |
| 2018 | 0.0975 index | +138.6% |
| 2019 | 0.2108 index | +116.1% |
Paraguay compared with similar countries
- Paraguay's 0.2108 index is below the median for upper middle income countries, which is 0.2896 index, 73% of the median. (49 countries reporting)
- Paraguay's 0.2108 index is above the median for Latin America & Caribbean, which is 0.2095 index, 1.0× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Paraguay
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3166 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 5.23 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.18 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.6344 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.18 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.06 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5539 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 29.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 38.68 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.45 (2050)
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
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.