Subnational government climate finance — Climate significant in Romania
Romania: Subnational government climate finance — Climate significant was 1.65 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Romania, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Romania recorded 1.65 Percentage of GDP for subnational government climate finance — climate significant in 2023.
The figure is down 6.5% on the previous year and up 21.1% over ten years.
Over the whole period, subnational government climate finance — climate significant in Romania peaked at 1.76 Percentage of GDP in 2022 and was at its lowest, 0.583 Percentage of GDP, in 2004.
Romania ranks 26th 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 Romania, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.612 Percentage of GDP | — |
| 2002 | 0.713 Percentage of GDP | +16.5% |
| 2003 | 0.726 Percentage of GDP | +1.8% |
| 2004 | 0.583 Percentage of GDP | -19.7% |
| 2005 | 0.79 Percentage of GDP | +35.5% |
| 2006 | 0.848 Percentage of GDP | +7.3% |
| 2007 | 1.08 Percentage of GDP | +27.2% |
| 2008 | 1.18 Percentage of GDP | +9.7% |
| 2009 | 1.17 Percentage of GDP | -0.9% |
| 2010 | 1.41 Percentage of GDP | +20.1% |
| 2011 | 1.46 Percentage of GDP | +3.8% |
| 2012 | 1.29 Percentage of GDP | -11.5% |
| 2013 | 1.36 Percentage of GDP | +4.9% |
| 2014 | 1.64 Percentage of GDP | +20.4% |
| 2015 | 1.71 Percentage of GDP | +4.8% |
| 2016 | 1.2 Percentage of GDP | -29.9% |
| 2017 | 0.979 Percentage of GDP | -18.4% |
| 2018 | 1.16 Percentage of GDP | +18.2% |
| 2019 | 1.26 Percentage of GDP | +9.1% |
| 2020 | 1.32 Percentage of GDP | +4.4% |
| 2021 | 1.4 Percentage of GDP | +6.4% |
| 2022 | 1.76 Percentage of GDP | +25.5% |
| 2023 | 1.65 Percentage of GDP | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8564 Percentage of GDP | 0.583 Percentage of GDP | 1.18 Percentage of GDP | 9 |
| 2010s | 1.35 Percentage of GDP | 0.979 Percentage of GDP | 1.71 Percentage of GDP | 10 |
| 2020s | 1.53 Percentage of GDP | 1.32 Percentage of GDP | 1.76 Percentage of GDP | 4 |
Countries ranked near Romania
More economy & growth data for Romania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1182 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,665 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.5286 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 11,914 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0886 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,997 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 4,456 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.45 % change on previous year (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Romania?
- Subnational government climate finance — climate significant in Romania was 1.65 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 Romania?
- The highest recorded value was 1.76 Percentage of GDP in 2022.
- What is the lowest subnational government climate finance — climate significant recorded in Romania?
- The lowest recorded value was 0.583 Percentage of GDP in 2004.
- How does Romania rank for subnational government climate finance — climate significant?
- Romania ranks 26th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Romania?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is rising.
- Where does this Romania 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