Australia vs Hungary: Subnational government climate finance — Climate significant
Subnational government climate finance — Climate significant over time
- Australia
- Hungary
How they compare
Hungary currently reports 0.807 Percentage of GDP against 0.705 Percentage of GDP in Australia, a difference of 0.102 Percentage of GDP.
That makes Hungary's figure about 1.1 times Australia's.
Across all 23 years both countries report, Hungary has been ahead every year.
Australia ranks 14th and Hungary ranks 11th of 31 countries.
Hungary has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Hungary | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.2323 Percentage of GDP | 0.6623 Percentage of GDP | 0.43 Percentage of GDP | Hungary |
| 2010s | 0.4157 Percentage of GDP | 1.03 Percentage of GDP | 0.611 Percentage of GDP | Hungary |
| 2020s | 0.6285 Percentage of GDP | 0.9385 Percentage of GDP | 0.31 Percentage of GDP | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subnational government climate finance — climate significant, Australia or Hungary?
- Hungary, at 0.807 Percentage of GDP against 0.705 Percentage of GDP in Australia as of 2023.
- What is the difference in subnational government climate finance — climate significant between Australia and Hungary?
- 0.102 Percentage of GDP, with Hungary ahead.
- How many years of comparable data are there for Australia and Hungary?
- 23 years are reported by both, from 2001 to 2023.
- How do Australia and Hungary rank globally for subnational government climate finance — climate significant?
- Australia ranks 14th and Hungary ranks 11th of 31 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Subnational government climate finance — Climate significant investment. 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