Subnational government climate finance — Climate significant in Norway

Norway: Subnational government climate finance — Climate significant was 0.962 Percentage of GDP in 2023. ▲ Rising

Latest (2023)
0.962 Percentage of GDP
Change on year
up 21.2%
World rank
5th
of 31 countries
All-time high
1.04 Percentage of GDP
in 2020
All-time low
0.305 Percentage of GDP
in 2002
Years of data
23
2001–2023

Subnational government climate finance — Climate significant in Norway, 2001–2023

0.40.60.812001201220232001: 0.334 Percentage of GDP2002: 0.305 Percentage of GDP2003: 0.339 Percentage of GDP2004: 0.378 Percentage of GDP2005: 0.306 Percentage of GDP2006: 0.321 Percentage of GDP2007: 0.349 Percentage of GDP2008: 0.353 Percentage of GDP2009: 0.499 Percentage of GDP2010: 0.558 Percentage of GDP2011: 0.534 Percentage of GDP2012: 0.52 Percentage of GDP2013: 0.566 Percentage of GDP2014: 0.71 Percentage of GDP2015: 0.805 Percentage of GDP2016: 0.925 Percentage of GDP2017: 0.799 Percentage of GDP2018: 0.81 Percentage of GDP2019: 0.931 Percentage of GDP2020: 1 Percentage of GDP2021: 0.884 Percentage of GDP2022: 0.794 Percentage of GDP2023: 0.962 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

The most recent figure for subnational government climate finance — climate significant in Norway is 0.962 Percentage of GDP, measured in 2023.

Compared with earlier readings it is up 21.2% on the previous year and up 70.0% over ten years.

Over the whole period, subnational government climate finance — climate significant in Norway peaked at 1.04 Percentage of GDP in 2020 and was at its lowest, 0.305 Percentage of GDP, in 2002.

Norway ranks 5th of 31 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 23 years of available data.

Subnational government climate finance — Climate significant in Norway, year by year

Annual values for Subnational government climate finance — Climate significant investment in Norway, 2001 to 2023.
Year Percentage of GDP Change
2001 0.334 Percentage of GDP
2002 0.305 Percentage of GDP -8.7%
2003 0.339 Percentage of GDP +11.1%
2004 0.378 Percentage of GDP +11.5%
2005 0.306 Percentage of GDP -19.0%
2006 0.321 Percentage of GDP +4.9%
2007 0.349 Percentage of GDP +8.7%
2008 0.353 Percentage of GDP +1.1%
2009 0.499 Percentage of GDP +41.4%
2010 0.558 Percentage of GDP +11.8%
2011 0.534 Percentage of GDP -4.3%
2012 0.52 Percentage of GDP -2.6%
2013 0.566 Percentage of GDP +8.8%
2014 0.71 Percentage of GDP +25.4%
2015 0.805 Percentage of GDP +13.4%
2016 0.925 Percentage of GDP +14.9%
2017 0.799 Percentage of GDP -13.6%
2018 0.81 Percentage of GDP +1.4%
2019 0.931 Percentage of GDP +14.9%
2020 1.04 Percentage of GDP +12.0%
2021 0.884 Percentage of GDP -15.2%
2022 0.794 Percentage of GDP -10.2%
2023 0.962 Percentage of GDP +21.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3538 Percentage of GDP 0.305 Percentage of GDP 0.499 Percentage of GDP 9
2010s 0.7158 Percentage of GDP 0.52 Percentage of GDP 0.931 Percentage of GDP 10
2020s 0.9207 Percentage of GDP 0.794 Percentage of GDP 1.04 Percentage of GDP 4

Countries ranked near Norway

  1. 2 Israel 1.39 Percentage of GDP compare
  2. 3 Latvia 1.09 Percentage of GDP compare
  3. 4 Luxembourg 1.01 Percentage of GDP compare
  4. 6 Sweden 0.927 Percentage of GDP compare
  5. 7 Czechia 0.914 Percentage of GDP compare
  6. 8 Japan 0.893 Percentage of GDP compare

See the full ranking of 32 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is subnational government climate finance — climate significant in Norway?
Subnational government climate finance — climate significant in Norway was 0.962 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 Norway?
The highest recorded value was 1.04 Percentage of GDP in 2020.
What is the lowest subnational government climate finance — climate significant recorded in Norway?
The lowest recorded value was 0.305 Percentage of GDP in 2002.
How does Norway rank for subnational government climate finance — climate significant?
Norway ranks 5th out of 31 countries with data for 2023.
Is subnational government climate finance — climate significant rising or falling in Norway?
Over the last ten years it is up 70.0%. The long-run trend across the full record is rising.
Where does this Norway 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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Subnational government climate finance — Climate significant in Norway. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/subnational-government-climate-finance-climate-significant-investment/norway/

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About this data

Indicator
Subnational government climate finance — Climate significant investment
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
32 places, 716 data points, 2001–2023
Last refreshed

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