Latvia vs Sweden: Subnational government climate finance — Climate significant
Subnational government climate finance — Climate significant over time
- Latvia
- Sweden
How they compare
Latvia currently reports 1.09 Percentage of GDP against 0.927 Percentage of GDP in Sweden, a difference of 0.163 Percentage of GDP.
That makes Latvia's figure about 1.2 times Sweden's.
The two have swapped places 5 times across 23 shared years of data; in 2001 it was Sweden ahead.
Latvia ranks 3rd and Sweden ranks 6th of 31 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Sweden in 1.
Head to head by decade
| Decade | Latvia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5587 Percentage of GDP | 0.5599 Percentage of GDP | 0.0012 Percentage of GDP | Sweden |
| 2010s | 0.6692 Percentage of GDP | 0.6436 Percentage of GDP | 0.0256 Percentage of GDP | Latvia |
| 2020s | 1.03 Percentage of GDP | 0.8473 Percentage of GDP | 0.1855 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, Latvia or Sweden?
- Latvia, at 1.09 Percentage of GDP against 0.927 Percentage of GDP in Sweden as of 2023.
- What is the difference in subnational government climate finance — climate significant between Latvia and Sweden?
- 0.163 Percentage of GDP, with Latvia ahead.
- How many years of comparable data are there for Latvia and Sweden?
- 23 years are reported by both, from 2001 to 2023.
- How do Latvia and Sweden rank globally for subnational government climate finance — climate significant?
- Latvia ranks 3rd and Sweden ranks 6th 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