Subnational government climate finance — Climate significant in Finland
Finland: Subnational government climate finance — Climate significant was 0.275 Percentage of GDP in 2023. ▬ Flat
Subnational government climate finance — Climate significant in Finland, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Finland recorded 0.275 Percentage of GDP for subnational government climate finance — climate significant in 2023.
The figure is down 6.1% on the previous year and down 20.7% over ten years.
Over the whole period, subnational government climate finance — climate significant in Finland peaked at 0.387 Percentage of GDP in 2014 and was at its lowest, 0.242 Percentage of GDP, in 2019.
Finland ranks 30th of 31 countries on this measure, in the bottom quarter.
Subnational government climate finance — Climate significant in Finland, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.247 Percentage of GDP | — |
| 2002 | 0.291 Percentage of GDP | +17.8% |
| 2003 | 0.332 Percentage of GDP | +14.1% |
| 2004 | 0.351 Percentage of GDP | +5.7% |
| 2005 | 0.318 Percentage of GDP | -9.4% |
| 2006 | 0.275 Percentage of GDP | -13.5% |
| 2007 | 0.25 Percentage of GDP | -9.1% |
| 2008 | 0.296 Percentage of GDP | +18.4% |
| 2009 | 0.348 Percentage of GDP | +17.6% |
| 2010 | 0.333 Percentage of GDP | -4.3% |
| 2011 | 0.263 Percentage of GDP | -21.0% |
| 2012 | 0.284 Percentage of GDP | +8.0% |
| 2013 | 0.347 Percentage of GDP | +22.2% |
| 2014 | 0.387 Percentage of GDP | +11.5% |
| 2015 | 0.325 Percentage of GDP | -16.0% |
| 2016 | 0.331 Percentage of GDP | +1.8% |
| 2017 | 0.288 Percentage of GDP | -13.0% |
| 2018 | 0.263 Percentage of GDP | -8.7% |
| 2019 | 0.242 Percentage of GDP | -8.0% |
| 2020 | 0.357 Percentage of GDP | +47.5% |
| 2021 | 0.299 Percentage of GDP | -16.2% |
| 2022 | 0.293 Percentage of GDP | -2.0% |
| 2023 | 0.275 Percentage of GDP | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3009 Percentage of GDP | 0.247 Percentage of GDP | 0.351 Percentage of GDP | 9 |
| 2010s | 0.3063 Percentage of GDP | 0.242 Percentage of GDP | 0.387 Percentage of GDP | 10 |
| 2020s | 0.306 Percentage of GDP | 0.275 Percentage of GDP | 0.357 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)
- Final consumption expenditure (constant 2015 US$), per capita 35,032 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 5.23 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9874 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 55,442 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 0.7968 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8738 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 49,065 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.2969 % change on previous year (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Finland?
- Subnational government climate finance — climate significant in Finland was 0.275 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 0.387 Percentage of GDP in 2014.
- What is the lowest subnational government climate finance — climate significant recorded in Finland?
- The lowest recorded value was 0.242 Percentage of GDP in 2019.
- How does Finland rank for subnational government climate finance — climate significant?
- Finland ranks 30th 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 down 20.7%. The long-run trend across the full record is flat.
- 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 investment. 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