Subnational government climate finance — Climate significant in Portugal
Portugal: Subnational government climate finance — Climate significant was 1.66 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Portugal, 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 Portugal stood at 1.66 Percentage of GDP.
The figure is down 2.6% on the previous year and up 26.6% over ten years.
Over the whole period, subnational government climate finance — climate significant in Portugal peaked at 1.71 Percentage of GDP in 2022 and was at its lowest, 1.1 Percentage of GDP, in 2006.
That places Portugal 25th 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 Portugal, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 1.36 Percentage of GDP | — |
| 2002 | 1.39 Percentage of GDP | +2.3% |
| 2003 | 1.62 Percentage of GDP | +16.7% |
| 2004 | 1.21 Percentage of GDP | -25.4% |
| 2005 | 1.15 Percentage of GDP | -5.0% |
| 2006 | 1.1 Percentage of GDP | -4.4% |
| 2007 | 1.16 Percentage of GDP | +5.3% |
| 2008 | 1.31 Percentage of GDP | +13.7% |
| 2009 | 1.47 Percentage of GDP | +11.4% |
| 2010 | 1.5 Percentage of GDP | +2.6% |
| 2011 | 1.38 Percentage of GDP | -8.4% |
| 2012 | 1.22 Percentage of GDP | -11.3% |
| 2013 | 1.31 Percentage of GDP | +7.5% |
| 2014 | 1.41 Percentage of GDP | +7.2% |
| 2015 | 1.24 Percentage of GDP | -11.5% |
| 2016 | 1.2 Percentage of GDP | -3.5% |
| 2017 | 1.24 Percentage of GDP | +3.5% |
| 2018 | 1.26 Percentage of GDP | +1.4% |
| 2019 | 1.28 Percentage of GDP | +1.3% |
| 2020 | 1.61 Percentage of GDP | +26.2% |
| 2021 | 1.68 Percentage of GDP | +4.0% |
| 2022 | 1.71 Percentage of GDP | +1.7% |
| 2023 | 1.66 Percentage of GDP | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.31 Percentage of GDP | 1.1 Percentage of GDP | 1.62 Percentage of GDP | 9 |
| 2010s | 1.3 Percentage of GDP | 1.2 Percentage of GDP | 1.5 Percentage of GDP | 10 |
| 2020s | 1.66 Percentage of GDP | 1.61 Percentage of GDP | 1.71 Percentage of GDP | 4 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 18,807 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 11.71 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9908 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 31,787 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 7.01 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8769 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 28,131 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.64 % change on previous year (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Portugal?
- Subnational government climate finance — climate significant in Portugal was 1.66 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 Portugal?
- The highest recorded value was 1.71 Percentage of GDP in 2022.
- What is the lowest subnational government climate finance — climate significant recorded in Portugal?
- The lowest recorded value was 1.1 Percentage of GDP in 2006.
- How does Portugal rank for subnational government climate finance — climate significant?
- Portugal ranks 25th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Portugal?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Portugal 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