Subnational government climate finance — Climate significant in Finland
Finland: Subnational government climate finance — Climate significant was 1.12 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Finland, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for subnational government climate finance — climate significant in Finland is 1.12 Percentage of GDP, measured in 2023. That is the highest value across all 23 years on record.
That represents a change of up 23.1% on the previous year and up 5.1% over ten years.
Over the whole period, subnational government climate finance — climate significant in Finland peaked at 1.12 Percentage of GDP in 2023 and was at its lowest, 0.763 Percentage of GDP, in 2007.
Finland ranks 29th of 31 countries on this measure, 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 Finland, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.861 Percentage of GDP | — |
| 2002 | 0.951 Percentage of GDP | +10.5% |
| 2003 | 1.02 Percentage of GDP | +7.8% |
| 2004 | 1.06 Percentage of GDP | +3.1% |
| 2005 | 0.995 Percentage of GDP | -5.9% |
| 2006 | 0.859 Percentage of GDP | -13.7% |
| 2007 | 0.763 Percentage of GDP | -11.2% |
| 2008 | 0.874 Percentage of GDP | +14.5% |
| 2009 | 1.02 Percentage of GDP | +17.3% |
| 2010 | 0.994 Percentage of GDP | -3.0% |
| 2011 | 0.89 Percentage of GDP | -10.5% |
| 2012 | 0.901 Percentage of GDP | +1.2% |
| 2013 | 1.06 Percentage of GDP | +18.1% |
| 2014 | 1.1 Percentage of GDP | +3.9% |
| 2015 | 1.04 Percentage of GDP | -5.7% |
| 2016 | 1.01 Percentage of GDP | -3.3% |
| 2017 | 0.913 Percentage of GDP | -9.4% |
| 2018 | 0.793 Percentage of GDP | -13.1% |
| 2019 | 0.79 Percentage of GDP | -0.4% |
| 2020 | 1.1 Percentage of GDP | +39.7% |
| 2021 | 1.05 Percentage of GDP | -5.1% |
| 2022 | 0.908 Percentage of GDP | -13.4% |
| 2023 | 1.12 Percentage of GDP | +23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9344 Percentage of GDP | 0.763 Percentage of GDP | 1.06 Percentage of GDP | 9 |
| 2010s | 0.95 Percentage of GDP | 0.79 Percentage of GDP | 1.1 Percentage of GDP | 10 |
| 2020s | 1.04 Percentage of GDP | 0.908 Percentage of GDP | 1.12 Percentage of GDP | 4 |
Countries ranked near Finland
More economy & growth data for Finland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.328 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 18,418 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 275.45 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 259.63 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0231 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,297 current LCU per person (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Finland?
- Subnational government climate finance — climate significant in Finland was 1.12 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 Finland?
- The highest recorded value was 1.12 Percentage of GDP in 2023.
- What is the lowest subnational government climate finance — climate significant recorded in Finland?
- The lowest recorded value was 0.763 Percentage of GDP in 2007.
- How does Finland rank for subnational government climate finance — climate significant?
- Finland ranks 29th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Finland?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this Finland 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