Finland - Adjusted savings: carbon dioxide damage (% of GNI)

Adjusted savings: carbon dioxide damage (% of GNI) in Finland was 0.655 as of 2019. Its highest value over the past 49 years was 0.931 in 1970, while its lowest value was 0.451 in 1990.

Definition: Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 0.931
1971 0.912
1972 0.900
1973 0.822
1974 0.679
1975 0.633
1976 0.704
1977 0.714
1978 0.746
1979 0.704
1980 0.697
1981 0.710
1982 0.642
1983 0.683
1984 0.708
1985 0.830
1986 0.705
1987 0.642
1988 0.515
1989 0.511
1990 0.451
1991 0.554
1992 0.589
1993 0.831
1994 0.845
1995 0.619
1996 0.755
1997 0.794
1998 0.742
1999 0.735
2000 0.776
2001 0.848
2002 0.882
2003 0.846
2004 0.746
2005 0.619
2006 0.736
2007 0.638
2008 0.535
2009 0.576
2010 0.700
2011 0.611
2012 0.587
2013 0.559
2014 0.573
2015 0.626
2016 0.682
2017 0.668
2018 0.631
2019 0.655

Statistical Concept and Methodology: Pollution damage from emissions of carbon dioxide is calculated as the marginal social cost per unit multiplied by the increase in the stock of carbon dioxide. The unit damage figure represents the present value of global damage to economic assets and to human welfare over the time the unit of pollution remains in the atmosphere.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts