Comparative advantage in environmental goods in Serbia
Serbia: Comparative advantage in environmental goods was 0.8086 index in 2019. ▲ Rising
Comparative advantage in environmental goods in Serbia, 2006–2019
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 Serbia is 0.8086 index, measured in 2019.
That represents a change of down 1.8% on the previous year and up 29.3% over ten years.
Over the whole period, comparative advantage in environmental goods in Serbia peaked at 0.8262 index in 2007 and was at its lowest, 0.6033 index, in 2010.
Serbia ranks 38th of 163 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Comparative advantage in environmental goods in Serbia, year by year
| Year | index | Change |
|---|---|---|
| 2006 | 0.7633 index | — |
| 2007 | 0.8262 index | +8.2% |
| 2008 | 0.7988 index | -3.3% |
| 2009 | 0.6253 index | -21.7% |
| 2010 | 0.6033 index | -3.5% |
| 2011 | 0.6545 index | +8.5% |
| 2012 | 0.684 index | +4.5% |
| 2013 | 0.6131 index | -10.4% |
| 2014 | 0.637 index | +3.9% |
| 2015 | 0.6911 index | +8.5% |
| 2016 | 0.7388 index | +6.9% |
| 2017 | 0.7988 index | +8.1% |
| 2018 | 0.8235 index | +3.1% |
| 2019 | 0.8086 index | -1.8% |
Serbia compared with similar countries
- Serbia's 0.8086 index is above the median for upper middle income countries, which is 0.2896 index, 2.8× the median. (49 countries reporting)
- Serbia's 0.8086 index is below the median for Europe & Central Asia, which is 0.91 index, 89% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7534 index | 0.6253 index | 0.8262 index | 4 |
| 2010s | 0.7053 index | 0.6033 index | 0.8235 index | 10 |
Countries ranked near Serbia
More reference data data for Serbia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6055 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3467 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.29 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 15.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.89 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in Serbia?
- Comparative advantage in environmental goods in Serbia was 0.8086 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 Serbia?
- The highest recorded value was 0.8262 index in 2007.
- What is the lowest comparative advantage in environmental goods recorded in Serbia?
- The lowest recorded value was 0.6033 index in 2010.
- How does Serbia rank for comparative advantage in environmental goods?
- Serbia ranks 38th out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in Serbia?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is rising.
- Where does this Serbia 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 — 14 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.