Subnational government climate finance — Climate significant in Spain
Spain: Subnational government climate finance — Climate significant was 0.523 Percentage of GDP in 2023. ▼ Falling
Subnational government climate finance — Climate significant in Spain, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Spain recorded 0.523 Percentage of GDP for subnational government climate finance — climate significant in 2023.
The figure is up 36.6% on the previous year and up 34.1% over ten years.
Over the whole period, subnational government climate finance — climate significant in Spain peaked at 1.17 Percentage of GDP in 2010 and was at its lowest, 0.266 Percentage of GDP, in 2016.
Spain ranks 20th 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 Spain, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.625 Percentage of GDP | — |
| 2002 | 0.719 Percentage of GDP | +15.0% |
| 2003 | 0.681 Percentage of GDP | -5.3% |
| 2004 | 0.748 Percentage of GDP | +9.8% |
| 2005 | 0.816 Percentage of GDP | +9.1% |
| 2006 | 0.861 Percentage of GDP | +5.5% |
| 2007 | 1.11 Percentage of GDP | +29.0% |
| 2008 | 1.05 Percentage of GDP | -5.5% |
| 2009 | 1.13 Percentage of GDP | +7.8% |
| 2010 | 1.17 Percentage of GDP | +3.6% |
| 2011 | 0.981 Percentage of GDP | -16.4% |
| 2012 | 0.587 Percentage of GDP | -40.2% |
| 2013 | 0.39 Percentage of GDP | -33.6% |
| 2014 | 0.412 Percentage of GDP | +5.6% |
| 2015 | 0.451 Percentage of GDP | +9.5% |
| 2016 | 0.266 Percentage of GDP | -41.0% |
| 2017 | 0.309 Percentage of GDP | +16.2% |
| 2018 | 0.355 Percentage of GDP | +14.9% |
| 2019 | 0.33 Percentage of GDP | -7.0% |
| 2020 | 0.421 Percentage of GDP | +27.6% |
| 2021 | 0.453 Percentage of GDP | +7.6% |
| 2022 | 0.383 Percentage of GDP | -15.5% |
| 2023 | 0.523 Percentage of GDP | +36.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8603 Percentage of GDP | 0.625 Percentage of GDP | 1.13 Percentage of GDP | 9 |
| 2010s | 0.5254 Percentage of GDP | 0.266 Percentage of GDP | 1.17 Percentage of GDP | 10 |
| 2020s | 0.445 Percentage of GDP | 0.383 Percentage of GDP | 0.523 Percentage of GDP | 4 |
Countries ranked near Spain
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 11.71 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2141 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 8,270 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 7 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1895 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 7,319 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.78 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1624 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Spain?
- Subnational government climate finance — climate significant in Spain was 0.523 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 Spain?
- The highest recorded value was 1.17 Percentage of GDP in 2010.
- What is the lowest subnational government climate finance — climate significant recorded in Spain?
- The lowest recorded value was 0.266 Percentage of GDP in 2016.
- How does Spain rank for subnational government climate finance — climate significant?
- Spain ranks 20th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Spain?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is falling.
- Where does this Spain 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