Subnational government climate finance — Climate significant in Luxembourg
Luxembourg: Subnational government climate finance — Climate significant was 3.27 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Luxembourg, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Luxembourg recorded 3.27 Percentage of GDP for subnational government climate finance — climate significant in 2023. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 53.8% over ten years.
Over the whole period, subnational government climate finance — climate significant in Luxembourg peaked at 3.27 Percentage of GDP in 2023 and was at its lowest, 1.94 Percentage of GDP, in 2002.
Luxembourg ranks 4th of 31 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Subnational government climate finance — Climate significant in Luxembourg, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 2.24 Percentage of GDP | — |
| 2002 | 1.94 Percentage of GDP | -13.5% |
| 2003 | 2.37 Percentage of GDP | +22.0% |
| 2004 | 2.94 Percentage of GDP | +24.2% |
| 2005 | 3.16 Percentage of GDP | +7.4% |
| 2006 | 2.21 Percentage of GDP | -29.9% |
| 2007 | 2.43 Percentage of GDP | +9.6% |
| 2008 | 2.54 Percentage of GDP | +4.6% |
| 2009 | 2.94 Percentage of GDP | +16.0% |
| 2010 | 2.55 Percentage of GDP | -13.5% |
| 2011 | 2.23 Percentage of GDP | -12.3% |
| 2012 | 2.06 Percentage of GDP | -7.8% |
| 2013 | 2.13 Percentage of GDP | +3.4% |
| 2014 | 2.44 Percentage of GDP | +14.5% |
| 2015 | 2.77 Percentage of GDP | +13.7% |
| 2016 | 2.99 Percentage of GDP | +8.0% |
| 2017 | 3.07 Percentage of GDP | +2.5% |
| 2018 | 2.99 Percentage of GDP | -2.6% |
| 2019 | 2.63 Percentage of GDP | -12.1% |
| 2020 | 3.03 Percentage of GDP | +15.5% |
| 2021 | 2.82 Percentage of GDP | -6.9% |
| 2022 | 3.04 Percentage of GDP | +7.9% |
| 2023 | 3.27 Percentage of GDP | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.53 Percentage of GDP | 1.94 Percentage of GDP | 3.16 Percentage of GDP | 9 |
| 2010s | 2.58 Percentage of GDP | 2.06 Percentage of GDP | 3.07 Percentage of GDP | 10 |
| 2020s | 3.04 Percentage of GDP | 2.82 Percentage of GDP | 3.27 Percentage of GDP | 4 |
Countries ranked near Luxembourg
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -1.16 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1039 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 15,304 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.19 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 1.59 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 234,668 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.64 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Luxembourg?
- Subnational government climate finance — climate significant in Luxembourg was 3.27 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 Luxembourg?
- The highest recorded value was 3.27 Percentage of GDP in 2023.
- What is the lowest subnational government climate finance — climate significant recorded in Luxembourg?
- The lowest recorded value was 1.94 Percentage of GDP in 2002.
- How does Luxembourg rank for subnational government climate finance — climate significant?
- Luxembourg ranks 4th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Luxembourg?
- Over the last ten years it is up 53.8%. The long-run trend across the full record is rising.
- Where does this Luxembourg 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