Comparative advantage in environmental goods in Romania

Romania: Comparative advantage in environmental goods was 1.23 index in 2019. ▲ Rising

Latest (2019)
1.23 index
Change on year
up 2.1%
World rank
16th
of 163 countries
All-time high
1.23 index
in 2019
All-time low
0.4377 index
in 1999
Years of data
22
1998–2019

Comparative advantage in environmental goods in Romania, 1998–2019

00.250.50.7511.21998200820191998: 0.541 index1999: 0.438 index2000: 0.529 index2001: 0.585 index2002: 0.586 index2003: 0.615 index2004: 0.959 index2005: 0.766 index2006: 0.842 index2007: 0.981 index2008: 0.89 index2009: 0.811 index2010: 0.872 index2011: 0.934 index2012: 1.1 index2013: 1 index2014: 1 index2015: 1.1 index2016: 1.1 index2017: 1.1 index2018: 1.2 index2019: 1.2 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 Romania is 1.23 index, measured in 2019. That is the highest value across all 22 years on record.

That represents a change of up 2.1% on the previous year and up 52.0% over ten years.

Over the whole period, comparative advantage in environmental goods in Romania peaked at 1.23 index in 2019 and was at its lowest, 0.4377 index, in 1999.

That places Romania 16th out of 163 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4892 index 0.4377 index 0.5408 index 2
2000s 0.7563 index 0.5286 index 0.9809 index 10
2010s 1.08 index 0.8717 index 1.23 index 10

Countries ranked near Romania

  1. 13 Sweden 1.37 index compare
  2. 14 Czechia 1.33 index compare
  3. 15 Portugal 1.26 index compare
  4. 17 Italy 1.22 index compare
  5. 18 Belgium 1.21 index compare
  6. 19 United Kingdom 1.19 index compare

See the full ranking of 163 places →

More reference data data for Romania

All data for Romania →

Frequently asked questions

What is comparative advantage in environmental goods in Romania?
Comparative advantage in environmental goods in Romania was 1.23 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 Romania?
The highest recorded value was 1.23 index in 2019.
What is the lowest comparative advantage in environmental goods recorded in Romania?
The lowest recorded value was 0.4377 index in 1999.
How does Romania rank for comparative advantage in environmental goods?
Romania ranks 16th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Romania?
Over the last ten years it is up 52.0%. The long-run trend across the full record is rising.
Where does this Romania 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.