Comparative advantage in environmental goods in United Kingdom
United Kingdom: Comparative advantage in environmental goods was 1.19 index in 2019. ⲠRising
Comparative advantage in environmental goods in United Kingdom, 1998â2019
Source: IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations. Measured in index.
Analysis
United Kingdom recorded 1.19 index for comparative advantage in environmental goods in 2019.
Compared with earlier readings it is up 4.5% on the previous year and down 0.1% over ten years.
Over the whole period, comparative advantage in environmental goods in United Kingdom peaked at 1.24 index in 2007 and was at its lowest, 0.9665 index, in 2000.
United Kingdom ranks 19th of 163 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.08 index | 1.06 index | 1.11 index | 2 |
| 2000s | 1.1 index | 0.9665 index | 1.24 index | 10 |
| 2010s | 1.15 index | 1.07 index | 1.19 index | 10 |
Countries ranked near United Kingdom
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is comparative advantage in environmental goods in United Kingdom?
- Comparative advantage in environmental goods in United Kingdom was 1.19 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 United Kingdom?
- The highest recorded value was 1.24 index in 2007.
- What is the lowest comparative advantage in environmental goods recorded in United Kingdom?
- The lowest recorded value was 0.9665 index in 2000.
- How does United Kingdom rank for comparative advantage in environmental goods?
- United Kingdom ranks 19th out of 163 countries with data for 2019.
- Is comparative advantage in environmental goods rising or falling in United Kingdom?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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 â 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Environmental goods include both goods connected to environmental protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â 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 protectionâsuch as goods related to pollution management and resource managementâand adapted goodsâwhich are goods that have been specifically modified to be more âenvironmentally friendlyâ or âcleaner.â A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.