Italy vs Latvia: Subnational government climate finance — Climate significant
Subnational government climate finance — Climate significant over time
- Italy
- Latvia
How they compare
Italy currently reports 3.46 Percentage of GDP against 3.31 Percentage of GDP in Latvia, a difference of 0.15 Percentage of GDP.
The two have swapped places 5 times across 23 shared years of data; in 2001 it was Latvia ahead.
Italy ranks 1st and Latvia ranks 2nd of 31 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Italy | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.02 Percentage of GDP | 2.51 Percentage of GDP | 0.4904 Percentage of GDP | Latvia |
| 2010s | 2.3 Percentage of GDP | 2.94 Percentage of GDP | 0.6424 Percentage of GDP | Latvia |
| 2020s | 3.31 Percentage of GDP | 3.43 Percentage of GDP | 0.12 Percentage of GDP | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subnational government climate finance — climate significant, Italy or Latvia?
- Italy, at 3.46 Percentage of GDP against 3.31 Percentage of GDP in Latvia as of 2023.
- What is the difference in subnational government climate finance — climate significant between Italy and Latvia?
- 0.15 Percentage of GDP, with Italy ahead.
- How many years of comparable data are there for Italy and Latvia?
- 23 years are reported by both, from 2001 to 2023.
- How do Italy and Latvia rank globally for subnational government climate finance — climate significant?
- Italy ranks 1st and Latvia ranks 2nd of 31 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Subnational government climate finance — Climate significant expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Subnational Government Climate Finance database provides comparable data on subnational public climate-significant expenditure and investment, covering the years from 2001 to 2023, for 33 OECD and EU countries. This database was built using a pioneer methodology developed in the framework of the project “Financing Climate Action in Regions and Cities”, a joint 2022 project between the OECD and the European Commission Directorate-General for Regional and Urban Policy (DG REGIO). The methodology relies on a refined approach to the COFOG classification from the System of National Accounts. Using the EU taxonomy for sustainability activities, three first-level COFOG functions (economic affairs and housing and community amenities) and 13 second-level COFOG functions (e.g. transport and energy, environmental protection, waste, water management, housing development) were identified as being “climate-significant”, meaning that expenditure and investment in these areas contributes, to some extent, to climate adaptation or mitigation objectives. For more information on the methodology used and related work on climate finance tracking, please visit: Tracking subnational government climate expenditure