Subnational government climate finance — Climate significant in Denmark
Denmark: Subnational government climate finance — Climate significant was 1.57 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Denmark, 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 Denmark stood at 1.57 Percentage of GDP.
That represents a change of up 6.6% on the previous year and down 8.0% over ten years.
Over the whole period, subnational government climate finance — climate significant in Denmark peaked at 1.95 Percentage of GDP in 2015 and was at its lowest, 0.894 Percentage of GDP, in 2006.
That places Denmark 27th out of 31 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Subnational government climate finance — Climate significant in Denmark, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 1.56 Percentage of GDP | — |
| 2002 | 1.75 Percentage of GDP | +12.3% |
| 2003 | 1.41 Percentage of GDP | -19.6% |
| 2004 | 1.26 Percentage of GDP | -10.7% |
| 2005 | 1.08 Percentage of GDP | -13.7% |
| 2006 | 0.894 Percentage of GDP | -17.6% |
| 2007 | 0.912 Percentage of GDP | +2.0% |
| 2008 | 1.04 Percentage of GDP | +13.6% |
| 2009 | 1.21 Percentage of GDP | +17.1% |
| 2010 | 1.15 Percentage of GDP | -4.9% |
| 2011 | 1.52 Percentage of GDP | +32.0% |
| 2012 | 1.56 Percentage of GDP | +2.3% |
| 2013 | 1.71 Percentage of GDP | +9.8% |
| 2014 | 1.83 Percentage of GDP | +7.1% |
| 2015 | 1.95 Percentage of GDP | +6.5% |
| 2016 | 1.71 Percentage of GDP | -12.3% |
| 2017 | 1.75 Percentage of GDP | +2.3% |
| 2018 | 1.76 Percentage of GDP | +0.7% |
| 2019 | 1.69 Percentage of GDP | -4.0% |
| 2020 | 1.92 Percentage of GDP | +13.6% |
| 2021 | 1.56 Percentage of GDP | -18.7% |
| 2022 | 1.48 Percentage of GDP | -5.6% |
| 2023 | 1.57 Percentage of GDP | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.24 Percentage of GDP | 0.894 Percentage of GDP | 1.75 Percentage of GDP | 9 |
| 2010s | 1.66 Percentage of GDP | 1.15 Percentage of GDP | 1.95 Percentage of GDP | 10 |
| 2020s | 1.63 Percentage of GDP | 1.48 Percentage of GDP | 1.92 Percentage of GDP | 4 |
Countries ranked near Denmark
More economy & growth data for Denmark
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9574 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 6.79 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 16,432 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 6.79 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.51 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 116,049 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 7.43 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6266 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Denmark?
- Subnational government climate finance — climate significant in Denmark was 1.57 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 Denmark?
- The highest recorded value was 1.95 Percentage of GDP in 2015.
- What is the lowest subnational government climate finance — climate significant recorded in Denmark?
- The lowest recorded value was 0.894 Percentage of GDP in 2006.
- How does Denmark rank for subnational government climate finance — climate significant?
- Denmark ranks 27th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Denmark?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is rising.
- Where does this Denmark 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.
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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