Subnational government climate finance — Climate significant in Greece
Greece: Subnational government climate finance — Climate significant was 0.512 Percentage of GDP in 2023. ▼ Falling
Subnational government climate finance — Climate significant in Greece, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Greece recorded 0.512 Percentage of GDP for subnational government climate finance — climate significant in 2023.
Compared with earlier readings it is down 0.6% on the previous year and down 17.6% over ten years.
Over the whole period, subnational government climate finance — climate significant in Greece peaked at 1.04 Percentage of GDP in 2004 and was at its lowest, 0.216 Percentage of GDP, in 2017.
Greece ranks 21st of 31 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Subnational government climate finance — Climate significant in Greece, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.411 Percentage of GDP | — |
| 2002 | 0.736 Percentage of GDP | +79.1% |
| 2003 | 0.87 Percentage of GDP | +18.2% |
| 2004 | 1.04 Percentage of GDP | +19.5% |
| 2005 | 0.517 Percentage of GDP | -50.3% |
| 2006 | 0.682 Percentage of GDP | +31.9% |
| 2007 | 0.772 Percentage of GDP | +13.2% |
| 2008 | 0.874 Percentage of GDP | +13.2% |
| 2009 | 0.835 Percentage of GDP | -4.5% |
| 2010 | 0.775 Percentage of GDP | -7.2% |
| 2011 | 0.404 Percentage of GDP | -47.9% |
| 2012 | 0.508 Percentage of GDP | +25.7% |
| 2013 | 0.621 Percentage of GDP | +22.2% |
| 2014 | 0.492 Percentage of GDP | -20.8% |
| 2015 | 0.85 Percentage of GDP | +72.8% |
| 2016 | 0.579 Percentage of GDP | -31.9% |
| 2017 | 0.216 Percentage of GDP | -62.7% |
| 2018 | 0.278 Percentage of GDP | +28.7% |
| 2019 | 0.317 Percentage of GDP | +14.0% |
| 2020 | 0.324 Percentage of GDP | +2.2% |
| 2021 | 0.43 Percentage of GDP | +32.7% |
| 2022 | 0.515 Percentage of GDP | +19.8% |
| 2023 | 0.512 Percentage of GDP | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7486 Percentage of GDP | 0.411 Percentage of GDP | 1.04 Percentage of GDP | 9 |
| 2010s | 0.504 Percentage of GDP | 0.216 Percentage of GDP | 0.85 Percentage of GDP | 10 |
| 2020s | 0.4453 Percentage of GDP | 0.324 Percentage of GDP | 0.515 Percentage of GDP | 4 |
Countries ranked near Greece
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 3.24 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1724 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 4,647 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -1.11 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1526 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 4,112 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -3.53 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1307 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Greece?
- Subnational government climate finance — climate significant in Greece was 0.512 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 Greece?
- The highest recorded value was 1.04 Percentage of GDP in 2004.
- What is the lowest subnational government climate finance — climate significant recorded in Greece?
- The lowest recorded value was 0.216 Percentage of GDP in 2017.
- How does Greece rank for subnational government climate finance — climate significant?
- Greece ranks 21st out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Greece?
- Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
- Where does this Greece 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