Comparative advantage in environmental goods in Venezuela

Venezuela: Comparative advantage in environmental goods was 0.1775 index in 2013. ◆ Volatile

Latest (2013)
0.1775 index
Change on year
up 46.0%
World rank
100th
of 163 countries
All-time high
0.3326 index
in 1998
All-time low
0.0279 index
in 2009
Years of data
15
1998–2013

Comparative advantage in environmental goods in Venezuela, 1998–2013

00.10.20.31998200520131998: 0.333 index1999: 0.17 index2000: 0.137 index2001: 0.207 index2002: 0.273 index2003: 0.28 index2004: 0.241 index2005: 0.168 index2006: 0.108 index2008: 0.059 index2009: 0.028 index2010: 0.077 index2011: 0.035 index2012: 0.122 index2013: 0.177 index

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

Analysis

The most recent figure for comparative advantage in environmental goods in Venezuela is 0.1775 index, measured in 2013.

That represents a change of up 46.0% on the previous year and down 36.6% over ten years.

Over the whole period, comparative advantage in environmental goods in Venezuela peaked at 0.3326 index in 1998 and was at its lowest, 0.0279 index, in 2009.

That places Venezuela 100th out of 163 countries with data for 2013, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2515 index 0.1703 index 0.3326 index 2
2000s 0.1669 index 0.0279 index 0.28 index 9
2010s 0.1026 index 0.035 index 0.1775 index 4

Countries ranked near Venezuela

  1. 97 Mauritius 0.206 index compare
  2. 98 Kenya 0.2023 index compare
  3. 99 Namibia 0.1904 index compare
  4. 101 Peru 0.1717 index compare
  5. 102 Australia 0.1567 index compare
  6. 103 Bolivia 0.1517 index compare

See the full ranking of 163 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is comparative advantage in environmental goods in Venezuela?
Comparative advantage in environmental goods in Venezuela was 0.1775 index in 2013, 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 Venezuela?
The highest recorded value was 0.3326 index in 1998.
What is the lowest comparative advantage in environmental goods recorded in Venezuela?
The lowest recorded value was 0.0279 index in 2009.
How does Venezuela rank for comparative advantage in environmental goods?
Venezuela ranks 100th out of 163 countries with data for 2013.
Is comparative advantage in environmental goods rising or falling in Venezuela?
Over the last ten years it is down 36.6%. The long-run trend across the full record is volatile.
Where does this Venezuela 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.

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CSV · JSON — 15 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.