Germany vs Iceland: Subnational government climate finance — Climate significant
Subnational government climate finance — Climate significant over time
- Germany
- Iceland
How they compare
Germany currently reports 0.403 Percentage of GDP against 0.094 Percentage of GDP in Iceland, a difference of 0.309 Percentage of GDP.
That makes Germany's figure about 4.3 times Iceland's.
Across all 23 years both countries report, Germany has been ahead every year.
Germany ranks 28th and Iceland ranks 31st of 31 countries.
Germany has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Germany | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.3669 Percentage of GDP | 0.0858 Percentage of GDP | 0.2811 Percentage of GDP | Germany |
| 2010s | 0.3615 Percentage of GDP | 0.0862 Percentage of GDP | 0.2753 Percentage of GDP | Germany |
| 2020s | 0.4238 Percentage of GDP | 0.0973 Percentage of GDP | 0.3265 Percentage of GDP | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subnational government climate finance — climate significant, Germany or Iceland?
- Germany, at 0.403 Percentage of GDP against 0.094 Percentage of GDP in Iceland as of 2023.
- What is the difference in subnational government climate finance — climate significant between Germany and Iceland?
- 0.309 Percentage of GDP, with Germany ahead.
- How many years of comparable data are there for Germany and Iceland?
- 23 years are reported by both, from 2001 to 2023.
- How do Germany and Iceland rank globally for subnational government climate finance — climate significant?
- Germany ranks 28th and Iceland ranks 31st 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