Comparative advantage in environmental goods in Slovakia

Slovakia: Comparative advantage in environmental goods was 1.54 index in 2019. ▲ Rising

Latest (2019)
1.54 index
Change on year
up 54.4%
World rank
7th
of 163 countries
All-time high
1.54 index
in 2019
All-time low
0.5983 index
in 1998
Years of data
22
1998–2019

Comparative advantage in environmental goods in Slovakia, 1998–2019

00.511.51998200820191998: 0.598 index1999: 0.757 index2000: 0.699 index2001: 0.741 index2002: 0.801 index2003: 0.731 index2004: 0.775 index2005: 0.871 index2006: 0.798 index2007: 0.802 index2008: 0.825 index2009: 0.823 index2010: 0.874 index2011: 0.88 index2012: 1.2 index2013: 1.2 index2014: 1 index2015: 1 index2016: 0.986 index2017: 1 index2018: 0.996 index2019: 1.5 index

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

Analysis

In 2019, comparative advantage in environmental goods in Slovakia stood at 1.54 index. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 54.4% on the previous year and up 87.1% over ten years.

Over the whole period, comparative advantage in environmental goods in Slovakia peaked at 1.54 index in 2019 and was at its lowest, 0.5983 index, in 1998.

That places Slovakia 7th 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 0.6777 index 0.5983 index 0.7572 index 2
2000s 0.7867 index 0.6993 index 0.871 index 10
2010s 1.08 index 0.8737 index 1.54 index 10

Countries ranked near Slovakia

  1. 4 Togo 1.94 index compare
  2. 5 Germany 1.83 index compare
  3. 6 Japan 1.79 index compare
  4. 8 Hungary 1.49 index compare
  5. 9 Israel 1.42 index compare
  6. 10 South Korea 1.39 index compare

See the full ranking of 163 places →

More reference data data for Slovakia

All data for Slovakia →

Frequently asked questions

What is comparative advantage in environmental goods in Slovakia?
Comparative advantage in environmental goods in Slovakia was 1.54 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 Slovakia?
The highest recorded value was 1.54 index in 2019.
What is the lowest comparative advantage in environmental goods recorded in Slovakia?
The lowest recorded value was 0.5983 index in 1998.
How does Slovakia rank for comparative advantage in environmental goods?
Slovakia ranks 7th out of 163 countries with data for 2019.
Is comparative advantage in environmental goods rising or falling in Slovakia?
Over the last ten years it is up 87.1%. The long-run trend across the full record is rising.
Where does this Slovakia 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.