In 2023, Germany led European countries with 353.59 billion euros in national taxes on production and imports less subsidies, followed by Italy at 237.11 billion euros. Portugal and Greece showed moderate figures at 31.44 and 29.09 billion euros, respectively. Smaller economies like Malta and Estonia contributed less, at 1.56 and 4.04 billion euros. Among the year-on-year variations, Ireland and Estonia saw the highest increases at 4.28% and 4.08%, while Slovakia and Malta posted modest rises of 2.38% and 2.12%.
Future Trends to Watch:
- Increased focus on sustainability may influence tax structures across Europe.
- Digitalization and automation might lead to adjustments in production-related tax policies.
- Economic recovery efforts post-COVID-19 could result in temporary tax modifications.
Top countries in National Taxes on Production and Imports Less Subsidies by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 353,590 | 2023 | +5.88% | +1.37% | View data |
| 2 | 2 Italy | 237,110 | 2023 | +5.28% | +1.11% | View data |
| 3 | 3 Portugal | 31,440 | 2023 | +6.55% | +1.7% | View data |
| 4 | 4 Greece | 29,090 | 2023 | +9.65% | +1.13% | View data |
| 5 | 5 Ireland | 27,940 | 2023 | +12.82% | +4.28% | View data |
| 6 | 6 Slovakia | 10,350 | 2023 | +2.45% | +2.38% | View data |
| 7 | 7 Slovenia | 6,430 | 2023 | +10.85% | +1.79% | View data |
| 8 | 8 Estonia | 4,040 | 2023 | +8.75% | +4.08% | View data |
| 9 | 9 Malta | 1,560 | 2023 | +15.54% | +2.12% | View data |
