Comparative advantage in environmental goods in Venezuela
Venezuela: Comparative advantage in environmental goods was 0.1775 index in 2013. ◆ Volatile
Comparative advantage in environmental goods in Venezuela, 1998–2013
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.
Comparative advantage in environmental goods in Venezuela, year by year
| Year | index | Change |
|---|---|---|
| 1998 | 0.3326 index | — |
| 1999 | 0.1703 index | -48.8% |
| 2000 | 0.1369 index | -19.6% |
| 2001 | 0.2074 index | +51.5% |
| 2002 | 0.2729 index | +31.6% |
| 2003 | 0.28 index | +2.6% |
| 2004 | 0.2415 index | -13.8% |
| 2005 | 0.1681 index | -30.4% |
| 2006 | 0.1079 index | -35.8% |
| 2008 | 0.0593 index | -45.0% |
| 2009 | 0.0279 index | -52.9% |
| 2010 | 0.0766 index | +174.1% |
| 2011 | 0.035 index | -54.3% |
| 2012 | 0.1215 index | +247.4% |
| 2013 | 0.1775 index | +46.0% |
Venezuela compared with similar countries
- Venezuela's 0.1775 index is above the median for lower middle income countries, which is 0.1179 index, 1.5× the median. (37 countries reporting)
- Venezuela's 0.1775 index is below the median for Latin America & Caribbean, which is 0.2095 index, 85% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 506.81 (2050)
- Emission Totals - Direct emissions (N2O) - Manure applied to Soils 3.15 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 13,634 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 41.16 (2050)
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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.