Subnational government climate finance — Climate significant in Australia
Australia: Subnational government climate finance — Climate significant was 2.45 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Australia, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, subnational government climate finance — climate significant in Australia stood at 2.45 Percentage of GDP. That is the highest value across all 23 years on record.
The figure is up 2.8% on the previous year and up 15.2% over ten years.
Over the whole period, subnational government climate finance — climate significant in Australia peaked at 2.45 Percentage of GDP in 2023 and was at its lowest, 0.933 Percentage of GDP, in 2001.
That places Australia 17th out of 31 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Subnational government climate finance — Climate significant in Australia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.933 Percentage of GDP | — |
| 2002 | 1.05 Percentage of GDP | +12.5% |
| 2003 | 1.1 Percentage of GDP | +5.2% |
| 2004 | 1.14 Percentage of GDP | +3.3% |
| 2005 | 1.23 Percentage of GDP | +7.5% |
| 2006 | 1.25 Percentage of GDP | +1.8% |
| 2007 | 1.31 Percentage of GDP | +5.2% |
| 2008 | 1.46 Percentage of GDP | +11.1% |
| 2009 | 1.53 Percentage of GDP | +5.1% |
| 2010 | 1.7 Percentage of GDP | +11.0% |
| 2011 | 2.04 Percentage of GDP | +19.5% |
| 2012 | 2.1 Percentage of GDP | +3.1% |
| 2013 | 2.13 Percentage of GDP | +1.4% |
| 2014 | 1.92 Percentage of GDP | -9.7% |
| 2015 | 1.81 Percentage of GDP | -5.8% |
| 2016 | 1.67 Percentage of GDP | -7.7% |
| 2017 | 1.77 Percentage of GDP | +5.9% |
| 2018 | 1.94 Percentage of GDP | +9.9% |
| 2019 | 2.1 Percentage of GDP | +8.2% |
| 2020 | 2.32 Percentage of GDP | +10.2% |
| 2021 | 2.43 Percentage of GDP | +4.7% |
| 2022 | 2.39 Percentage of GDP | -1.6% |
| 2023 | 2.45 Percentage of GDP | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.22 Percentage of GDP | 0.933 Percentage of GDP | 1.53 Percentage of GDP | 9 |
| 2010s | 1.92 Percentage of GDP | 1.67 Percentage of GDP | 2.13 Percentage of GDP | 10 |
| 2020s | 2.4 Percentage of GDP | 2.32 Percentage of GDP | 2.45 Percentage of GDP | 4 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0532 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 3,463 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0822 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 5,351 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.046 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,994 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 5,104 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -4.23 % change on previous year (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Australia?
- Subnational government climate finance — climate significant in Australia was 2.45 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest subnational government climate finance — climate significant recorded in Australia?
- The highest recorded value was 2.45 Percentage of GDP in 2023.
- What is the lowest subnational government climate finance — climate significant recorded in Australia?
- The lowest recorded value was 0.933 Percentage of GDP in 2001.
- How does Australia rank for subnational government climate finance — climate significant?
- Australia ranks 17th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Australia?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Subnational government climate finance — Climate significant expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under OECD Terms and Conditions (attribution required).
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