Comparative advantage in environmental goods in Serbia

Serbia: Comparative advantage in environmental goods was 0.8086 index in 2019. ▲ Rising

Latest (2019)
0.8086 index
Change on year
down 1.8%
World rank
38th
of 163 countries
All-time high
0.8262 index
in 2007
All-time low
0.6033 index
in 2010
Years of data
14
2006–2019

Comparative advantage in environmental goods in Serbia, 2006–2019

00.20.40.60.82006201220192006: 0.763 index2007: 0.826 index2008: 0.799 index2009: 0.625 index2010: 0.603 index2011: 0.655 index2012: 0.684 index2013: 0.613 index2014: 0.637 index2015: 0.691 index2016: 0.739 index2017: 0.799 index2018: 0.824 index2019: 0.809 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 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 35 Bosnia and Herzegovina 0.8972 index compare
  2. 36 Finland 0.8549 index compare
  3. 37 Tanzania 0.8088 index compare
  4. 39 Thailand 0.7659 index compare
  5. 40 Spain 0.7422 index compare
  6. 41 South Africa 0.742 index compare

See the full ranking of 163 places →

More reference data data for Serbia

All data for Serbia →

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

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.