Norway vs Sweden: Subnational government climate finance — Climate significant

Norway
0.962 Percentage of GDP
in 2023
Sweden
0.927 Percentage of GDP
in 2023
Norway rank
5th
Sweden rank
6th

Subnational government climate finance — Climate significant over time

  • Norway
  • Sweden
0.40.60.81200120122023

How they compare

Norway currently reports 0.962 Percentage of GDP against 0.927 Percentage of GDP in Sweden, a difference of 0.035 Percentage of GDP.

The two have swapped places 3 times across 23 shared years of data; in 2001 it was Sweden ahead.

Norway ranks 5th and Sweden ranks 6th of 31 countries.

Across the 3 decades both report, Norway averaged higher in 2 and Sweden in 1.

Head to head by decade

Decade Norway Sweden Difference Ahead
2000s 0.3538 Percentage of GDP 0.5599 Percentage of GDP 0.2061 Percentage of GDP Sweden
2010s 0.7158 Percentage of GDP 0.6436 Percentage of GDP 0.0722 Percentage of GDP Norway
2020s 0.9207 Percentage of GDP 0.8473 Percentage of GDP 0.0735 Percentage of GDP Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher subnational government climate finance — climate significant, Norway or Sweden?
Norway, at 0.962 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 Norway and Sweden?
0.035 Percentage of GDP, with Norway ahead.
How many years of comparable data are there for Norway and Sweden?
23 years are reported by both, from 2001 to 2023.
How do Norway and Sweden rank globally for subnational government climate finance — climate significant?
Norway ranks 5th 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.

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Norway vs Sweden: Subnational government climate finance — Climate significant. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/subnational-government-climate-finance-climate-significant-investment/norway/sweden/

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About this data

Indicator
Subnational government climate finance — Climate significant investment
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
32 places, 716 data points, 2001–2023
Last refreshed

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