Subnational government climate finance — Climate significant in Romania
Romania: Subnational government climate finance — Climate significant was 0.442 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
In 2023, subnational government climate finance — climate significant in Romania stood at 0.442 Percentage of GDP.
The figure is up 34.3% on the previous year and down 20.4% over ten years.
Over the whole period, subnational government climate finance — climate significant in Romania peaked at 0.742 Percentage of GDP in 2015 and was at its lowest, 0.121 Percentage of GDP, in 2004.
Romania ranks 24th 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 | 0.151 Percentage of GDP | — |
| 2002 | 0.183 Percentage of GDP | +21.2% |
| 2003 | 0.168 Percentage of GDP | -8.2% |
| 2004 | 0.121 Percentage of GDP | -28.0% |
| 2005 | 0.139 Percentage of GDP | +14.9% |
| 2006 | 0.228 Percentage of GDP | +64.0% |
| 2007 | 0.382 Percentage of GDP | +67.5% |
| 2008 | 0.409 Percentage of GDP | +7.1% |
| 2009 | 0.427 Percentage of GDP | +4.4% |
| 2010 | 0.566 Percentage of GDP | +32.6% |
| 2011 | 0.62 Percentage of GDP | +9.5% |
| 2012 | 0.491 Percentage of GDP | -20.8% |
| 2013 | 0.555 Percentage of GDP | +13.0% |
| 2014 | 0.673 Percentage of GDP | +21.3% |
| 2015 | 0.742 Percentage of GDP | +10.3% |
| 2016 | 0.436 Percentage of GDP | -41.2% |
| 2017 | 0.268 Percentage of GDP | -38.5% |
| 2018 | 0.261 Percentage of GDP | -2.6% |
| 2019 | 0.397 Percentage of GDP | +52.1% |
| 2020 | 0.42 Percentage of GDP | +5.8% |
| 2021 | 0.387 Percentage of GDP | -7.9% |
| 2022 | 0.329 Percentage of GDP | -15.0% |
| 2023 | 0.442 Percentage of GDP | +34.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2453 Percentage of GDP | 0.121 Percentage of GDP | 0.427 Percentage of GDP | 9 |
| 2010s | 0.5009 Percentage of GDP | 0.261 Percentage of GDP | 0.742 Percentage of GDP | 10 |
| 2020s | 0.3945 Percentage of GDP | 0.329 Percentage of GDP | 0.442 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)
- Exports of goods and services (current LCU), annual growth rate 8.57 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.59 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 35,752 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.32 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2669 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 6,014 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 13.46 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2561 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Romania?
- Subnational government climate finance — climate significant in Romania was 0.442 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 0.742 Percentage of GDP in 2015.
- What is the lowest subnational government climate finance — climate significant recorded in Romania?
- The lowest recorded value was 0.121 Percentage of GDP in 2004.
- How does Romania rank for subnational government climate finance — climate significant?
- Romania ranks 24th 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 down 20.4%. 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 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