Comparative advantage in environmental goods in Singapore

Singapore: Comparative advantage in environmental goods was 0.7242 index in 2019. ▲ Rising

Latest (2019)
0.7242 index
Change on year
up 1.8%
World rank
42nd
of 163 countries
All-time high
0.8468 index
in 2016
All-time low
0.5088 index
in 2005
Years of data
22
1998–2019

Comparative advantage in environmental goods in Singapore, 1998–2019

00.20.40.60.81998200820191998: 0.522 index1999: 0.559 index2000: 0.64 index2001: 0.569 index2002: 0.586 index2003: 0.61 index2004: 0.556 index2005: 0.509 index2006: 0.522 index2007: 0.556 index2008: 0.59 index2009: 0.663 index2010: 0.669 index2011: 0.729 index2012: 0.716 index2013: 0.748 index2014: 0.804 index2015: 0.825 index2016: 0.847 index2017: 0.765 index2018: 0.712 index2019: 0.724 index

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

Analysis

Singapore recorded 0.7242 index for comparative advantage in environmental goods in 2019.

The figure is up 1.8% on the previous year and up 9.2% over ten years.

Over the whole period, comparative advantage in environmental goods in Singapore peaked at 0.8468 index in 2016 and was at its lowest, 0.5088 index, in 2005.

Singapore ranks 42nd of 163 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5404 index 0.522 index 0.5589 index 2
2000s 0.5802 index 0.5088 index 0.6634 index 10
2010s 0.7539 index 0.6692 index 0.8468 index 10

Countries ranked near Singapore

  1. 39 Thailand 0.7659 index compare
  2. 40 Spain 0.7422 index compare
  3. 41 South Africa 0.742 index compare
  4. 43 Canada 0.7003 index compare
  5. 44 Switzerland 0.6749 index compare
  6. 45 Tunisia 0.6703 index compare

See the full ranking of 163 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is comparative advantage in environmental goods in Singapore?
Comparative advantage in environmental goods in Singapore was 0.7242 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 Singapore?
The highest recorded value was 0.8468 index in 2016.
What is the lowest comparative advantage in environmental goods recorded in Singapore?
The lowest recorded value was 0.5088 index in 2005.
How does Singapore rank for comparative advantage in environmental goods?
Singapore ranks 42nd out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Singapore?
Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
Where does this Singapore 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.