In 2023, Italy led the European region in tax revenue from energy use in manufacturing electrical equipment with strong growth at 34.86%. France and Greece also noted positive shifts, albeit smaller. The UK and Romania experienced declines. Bulgaria faced a significant drop of 32.41%, contrasting Malta's and Slovenia's modest gains. Year-on-year changes suggest varied regional responses, impacted by national policies and energy practices. Over five years, the compound annual growth rates (CAGR) reflect these mixed trends.
Future trends to watch include the impact of EU energy policy shifts and technological advancements influencing energy consumption in manufacturing, potentially reshaping tax revenue patterns across countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Electrical Equipment Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 72.41 | 2023 | +5.98% | +34.86% | View data |
| 2 | 2 France | 11.09 | 2023 | +3.61% | +0.26% | View data |
| 3 | 3 United Kingdom | 3.35 | 2023 | -1.92% | -1.23% | View data |
| 4 | 4 Czech Republic | 3.13 | 2023 | +0.042% | +0.19% | View data |
| 5 | 5 Austria | 2.77 | 2023 | +2.52% | +0.53% | View data |
| 6 | 6 Romania | 2.25 | 2023 | +1.97% | -1.25% | View data |
| 7 | 7 Switzerland | 1.97 | 2023 | +1.29% | +0.078% | View data |
| 8 | 8 Greece | 1.1 | 2023 | +1.27% | +3.15% | View data |
| 9 | 9 Hungary | 0.59 | 2023 | +0.15% | +1.68% | View data |
| 10 | 10 Finland | 0.53 | 2023 | +2.45% | +0.59% | View data |
