Comparative advantage in environmental goods in Trinidad and Tobago

Trinidad and Tobago: Comparative advantage in environmental goods was 5.53 index in 2015. ▲ Rising

Latest (2015)
5.53 index
Change on year
up 4.9%
World rank
2nd
of 163 countries
All-time high
5.87 index
in 2011
All-time low
1.75 index
in 2009
Years of data
18
1998–2015

Comparative advantage in environmental goods in Trinidad and Tobago, 1998–2015

234561998200620151998: 4.7 index1999: 4.2 index2000: 4 index2001: 3.6 index2002: 3.6 index2003: 3.8 index2004: 5.6 index2005: 4.4 index2006: 3.4 index2007: 4.1 index2008: 3.9 index2009: 1.8 index2010: 4.3 index2011: 5.9 index2012: 5.1 index2013: 5.2 index2014: 5.3 index2015: 5.5 index

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

Analysis

Trinidad and Tobago recorded 5.53 index for comparative advantage in environmental goods in 2015.

Compared with earlier readings it is up 4.9% on the previous year and up 26.3% over ten years.

Over the whole period, comparative advantage in environmental goods in Trinidad and Tobago peaked at 5.87 index in 2011 and was at its lowest, 1.75 index, in 2009.

That places Trinidad and Tobago 2nd out of 163 countries with data for 2015, putting it in the top 10%.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.46 index 4.18 index 4.74 index 2
2000s 3.82 index 1.75 index 5.57 index 10
2010s 5.22 index 4.34 index 5.87 index 6

Countries ranked near Trinidad and Tobago

  1. 1 North Macedonia 5.97 index compare
  2. 3 Fiji 2.43 index compare
  3. 4 Togo 1.94 index compare
  4. 5 Germany 1.83 index compare

See the full ranking of 163 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is comparative advantage in environmental goods in Trinidad and Tobago?
Comparative advantage in environmental goods in Trinidad and Tobago was 5.53 index in 2015, 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 Trinidad and Tobago?
The highest recorded value was 5.87 index in 2011.
What is the lowest comparative advantage in environmental goods recorded in Trinidad and Tobago?
The lowest recorded value was 1.75 index in 2009.
How does Trinidad and Tobago rank for comparative advantage in environmental goods?
Trinidad and Tobago ranks 2nd out of 163 countries with data for 2015.
Is comparative advantage in environmental goods rising or falling in Trinidad and Tobago?
Over the last ten years it is up 26.3%. The long-run trend across the full record is rising.
Where does this Trinidad and Tobago 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 — 18 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.