Subnational government climate finance — Climate significant in Slovak Republic
Slovak Republic: Subnational government climate finance — Climate significant was 0.844 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Slovak Republic, 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 Slovak Republic stood at 0.844 Percentage of GDP.
Compared with earlier readings it is up 140.5% on the previous year and up 30.4% over ten years.
Over the whole period, subnational government climate finance — climate significant in Slovak Republic peaked at 0.93 Percentage of GDP in 2015 and was at its lowest, 0.241 Percentage of GDP, in 2009.
The long-run direction has been consistently rising across the 20 years of available data.
Subnational government climate finance — Climate significant in Slovak Republic, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.531 Percentage of GDP | — |
| 2002 | 0.646 Percentage of GDP | +21.7% |
| 2006 | 0.68 Percentage of GDP | +5.3% |
| 2007 | 0.307 Percentage of GDP | -54.9% |
| 2008 | 0.302 Percentage of GDP | -1.6% |
| 2009 | 0.241 Percentage of GDP | -20.2% |
| 2010 | 0.503 Percentage of GDP | +108.7% |
| 2011 | 0.686 Percentage of GDP | +36.4% |
| 2012 | 0.588 Percentage of GDP | -14.3% |
| 2013 | 0.647 Percentage of GDP | +10.0% |
| 2014 | 0.811 Percentage of GDP | +25.3% |
| 2015 | 0.93 Percentage of GDP | +14.7% |
| 2016 | 0.324 Percentage of GDP | -65.2% |
| 2017 | 0.448 Percentage of GDP | +38.3% |
| 2018 | 0.721 Percentage of GDP | +60.9% |
| 2019 | 0.57 Percentage of GDP | -20.9% |
| 2020 | 0.431 Percentage of GDP | -24.4% |
| 2021 | 0.334 Percentage of GDP | -22.5% |
| 2022 | 0.351 Percentage of GDP | +5.1% |
| 2023 | 0.844 Percentage of GDP | +140.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4512 Percentage of GDP | 0.241 Percentage of GDP | 0.68 Percentage of GDP | 6 |
| 2010s | 0.6228 Percentage of GDP | 0.324 Percentage of GDP | 0.93 Percentage of GDP | 10 |
| 2020s | 0.49 Percentage of GDP | 0.334 Percentage of GDP | 0.844 Percentage of GDP | 4 |
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Frequently asked questions
- What is subnational government climate finance — climate significant in Slovak Republic?
- Subnational government climate finance — climate significant in Slovak Republic was 0.844 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 Slovak Republic?
- The highest recorded value was 0.93 Percentage of GDP in 2015.
- What is the lowest subnational government climate finance — climate significant recorded in Slovak Republic?
- The lowest recorded value was 0.241 Percentage of GDP in 2009.
- How does Slovak Republic rank for subnational government climate finance — climate significant?
- Slovak Republic ranks 1st out of 1 groups with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Slovak Republic?
- Over the last ten years it is up 30.4%. The long-run trend across the full record is rising.
- Where does this Slovak Republic 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