Subnational government climate finance — Climate significant in Sweden
Sweden: Subnational government climate finance — Climate significant was 0.927 Percentage of GDP in 2023. ▲ Rising
Subnational government climate finance — Climate significant in Sweden, 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 Sweden stood at 0.927 Percentage of GDP. That is the highest value across all 23 years on record.
The figure is up 9.2% on the previous year and up 53.7% over ten years.
Over the whole period, subnational government climate finance — climate significant in Sweden peaked at 0.927 Percentage of GDP in 2023 and was at its lowest, 0.376 Percentage of GDP, in 2001.
That places Sweden 6th out of 31 countries with data for 2023, putting it 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 Sweden, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 0.376 Percentage of GDP | — |
| 2002 | 0.402 Percentage of GDP | +6.9% |
| 2003 | 0.399 Percentage of GDP | -0.7% |
| 2004 | 0.561 Percentage of GDP | +40.6% |
| 2005 | 0.669 Percentage of GDP | +19.3% |
| 2006 | 0.595 Percentage of GDP | -11.1% |
| 2007 | 0.632 Percentage of GDP | +6.2% |
| 2008 | 0.676 Percentage of GDP | +7.0% |
| 2009 | 0.729 Percentage of GDP | +7.8% |
| 2010 | 0.708 Percentage of GDP | -2.9% |
| 2011 | 0.625 Percentage of GDP | -11.7% |
| 2012 | 0.622 Percentage of GDP | -0.5% |
| 2013 | 0.603 Percentage of GDP | -3.1% |
| 2014 | 0.639 Percentage of GDP | +6.0% |
| 2015 | 0.661 Percentage of GDP | +3.4% |
| 2016 | 0.602 Percentage of GDP | -8.9% |
| 2017 | 0.633 Percentage of GDP | +5.1% |
| 2018 | 0.635 Percentage of GDP | +0.3% |
| 2019 | 0.708 Percentage of GDP | +11.5% |
| 2020 | 0.832 Percentage of GDP | +17.5% |
| 2021 | 0.781 Percentage of GDP | -6.1% |
| 2022 | 0.849 Percentage of GDP | +8.7% |
| 2023 | 0.927 Percentage of GDP | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5599 Percentage of GDP | 0.376 Percentage of GDP | 0.729 Percentage of GDP | 9 |
| 2010s | 0.6436 Percentage of GDP | 0.602 Percentage of GDP | 0.708 Percentage of GDP | 10 |
| 2020s | 0.8473 Percentage of GDP | 0.781 Percentage of GDP | 0.927 Percentage of GDP | 4 |
Countries ranked near Sweden
More economy & growth data for Sweden
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.62 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 0.3991 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 5.23 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 330,025 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.93 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4766 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 30,092 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 11.16 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2523 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is subnational government climate finance — climate significant in Sweden?
- Subnational government climate finance — climate significant in Sweden was 0.927 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 Sweden?
- The highest recorded value was 0.927 Percentage of GDP in 2023.
- What is the lowest subnational government climate finance — climate significant recorded in Sweden?
- The lowest recorded value was 0.376 Percentage of GDP in 2001.
- How does Sweden rank for subnational government climate finance — climate significant?
- Sweden ranks 6th out of 31 countries with data for 2023.
- Is subnational government climate finance — climate significant rising or falling in Sweden?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is rising.
- Where does this Sweden 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