Comparative advantage in environmental goods in United Kingdom

United Kingdom: Comparative advantage in environmental goods was 1.19 index in 2019. ▲ Rising

Latest (2019)
1.19 index
Change on year
up 4.5%
World rank
19th
of 163 countries
All-time high
1.24 index
in 2007
All-time low
0.9665 index
in 2000
Years of data
22
1998–2019

Comparative advantage in environmental goods in United Kingdom, 1998–2019

00.250.50.7511.21998200820191998: 1.1 index1999: 1.1 index2000: 0.966 index2001: 1 index2002: 1 index2003: 1.1 index2004: 1.1 index2005: 1.1 index2006: 1 index2007: 1.2 index2008: 1.2 index2009: 1.2 index2010: 1.2 index2011: 1.1 index2012: 1.2 index2013: 1.1 index2014: 1.2 index2015: 1.2 index2016: 1.2 index2017: 1.2 index2018: 1.1 index2019: 1.2 index

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

DecadeAverage LowestHighest 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

  1. 16 Romania 1.23 index compare
  2. 17 Italy 1.22 index compare
  3. 18 Belgium 1.21 index compare
  4. 20 United States 1.18 index compare
  5. 21 Luxembourg 1.16 index compare
  6. 22 Bulgaria 1.16 index compare

See the full ranking of 163 places →

More reference data data for United Kingdom

All data for United Kingdom →

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 — 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.