Belgium vs Spain: Subnational government climate finance — Climate significant
Subnational government climate finance — Climate significant over time
- Belgium
- Spain
How they compare
Belgium currently reports 0.564 Percentage of GDP against 0.523 Percentage of GDP in Spain, a difference of 0.041 Percentage of GDP.
That makes Belgium's figure about 1.1 times Spain's.
The two have swapped places 1 time across 23 shared years of data; in 2001 it was Spain ahead.
Belgium ranks 19th and Spain ranks 20th of 31 countries.
Across the 3 decades both report, Belgium averaged higher in 2 and Spain in 1.
Head to head by decade
| Decade | Belgium | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5394 Percentage of GDP | 0.8603 Percentage of GDP | 0.3209 Percentage of GDP | Spain |
| 2010s | 0.5469 Percentage of GDP | 0.5254 Percentage of GDP | 0.0215 Percentage of GDP | Belgium |
| 2020s | 0.5405 Percentage of GDP | 0.445 Percentage of GDP | 0.0955 Percentage of GDP | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subnational government climate finance — climate significant, Belgium or Spain?
- Belgium, at 0.564 Percentage of GDP against 0.523 Percentage of GDP in Spain as of 2023.
- What is the difference in subnational government climate finance — climate significant between Belgium and Spain?
- 0.041 Percentage of GDP, with Belgium ahead.
- How many years of comparable data are there for Belgium and Spain?
- 23 years are reported by both, from 2001 to 2023.
- How do Belgium and Spain rank globally for subnational government climate finance — climate significant?
- Belgium ranks 19th and Spain ranks 20th 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