Subnational government climate finance — Climate significant in Italy
Italy: Subnational government climate finance — Climate significant was 0.87 Percentage of GDP in 2023. ▬ Flat
Subnational government climate finance — Climate significant in Italy, 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 Italy stood at 0.87 Percentage of GDP. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 7.8% on the previous year and up 46.7% over ten years.
Over the whole period, subnational government climate finance — climate significant in Italy peaked at 0.87 Percentage of GDP in 2023 and was at its lowest, 0.305 Percentage of GDP, in 2018.
Italy ranks 10th of 31 countries on this measure, in the middle of the range.
Subnational government climate finance — Climate significant in Italy, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.602 Percentage of GDP | — |
| 2002 | 0.631 Percentage of GDP | +4.8% |
| 2003 | 0.614 Percentage of GDP | -2.7% |
| 2004 | 0.706 Percentage of GDP | +15.0% |
| 2005 | 0.715 Percentage of GDP | +1.3% |
| 2006 | 0.593 Percentage of GDP | -17.1% |
| 2007 | 0.568 Percentage of GDP | -4.2% |
| 2008 | 0.571 Percentage of GDP | +0.5% |
| 2009 | 0.728 Percentage of GDP | +27.5% |
| 2010 | 0.689 Percentage of GDP | -5.4% |
| 2011 | 0.611 Percentage of GDP | -11.3% |
| 2012 | 0.603 Percentage of GDP | -1.3% |
| 2013 | 0.593 Percentage of GDP | -1.7% |
| 2014 | 0.484 Percentage of GDP | -18.4% |
| 2015 | 0.41 Percentage of GDP | -15.3% |
| 2016 | 0.449 Percentage of GDP | +9.5% |
| 2017 | 0.426 Percentage of GDP | -5.1% |
| 2018 | 0.305 Percentage of GDP | -28.4% |
| 2019 | 0.518 Percentage of GDP | +69.8% |
| 2020 | 0.684 Percentage of GDP | +32.0% |
| 2021 | 0.781 Percentage of GDP | +14.2% |
| 2022 | 0.807 Percentage of GDP | +3.3% |
| 2023 | 0.87 Percentage of GDP | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6364 Percentage of GDP | 0.568 Percentage of GDP | 0.728 Percentage of GDP | 9 |
| 2010s | 0.5088 Percentage of GDP | 0.305 Percentage of GDP | 0.689 Percentage of GDP | 10 |
| 2020s | 0.7855 Percentage of GDP | 0.684 Percentage of GDP | 0.87 Percentage of GDP | 4 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 26,434 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 7.21 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9807 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 42,472 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.7 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8679 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 37,587 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.26 % change on previous year (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Italy?
- Subnational government climate finance — climate significant in Italy was 0.87 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 Italy?
- The highest recorded value was 0.87 Percentage of GDP in 2023.
- What is the lowest subnational government climate finance — climate significant recorded in Italy?
- The lowest recorded value was 0.305 Percentage of GDP in 2018.
- How does Italy rank for subnational government climate finance — climate significant?
- Italy ranks 10th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Italy?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is flat.
- Where does this Italy 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.
Download this data
CSV · JSON — 23 observations, free to reuse under OECD Terms and Conditions (attribution required).
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