In 2023, the United Kingdom led the European Environmentally Related Tax Revenue from taxes on energy in public administration and defence with $48.11 million. Switzerland and Belgium followed with $16.86 and $15.58 million, respectively. Year-on-year variations indicate Switzerland and Austria experienced slight growths of 1.34% and 1.7%, while Norway, with a 3.8% decline, recorded the most significant decrease. Estonia and Serbia stood out with the highest percentage increase among smaller countries. Over a five-year period, overall growth trends remain modest, with countries like the UK and Norway showing a consistent decline.
Future trends to watch include increasing emphasis on sustainable energy sources, regulatory changes in energy taxation aimed at boosting renewable energy, and economic shifts potentially influencing countries' capacities to levy these taxes. Monitoring the impact of EU green policies could also be vital as environmental regulations tighten.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Public Administration and Defence; Compulsory Social Security Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 48.11 | 2023 | -0.62% | -0.89% | View data |
| 2 | 2 Switzerland | 16.86 | 2023 | +2.04% | +1.34% | View data |
| 3 | 3 Belgium | 15.58 | 2023 | +2.09% | +0.79% | View data |
| 4 | 4 Norway | 6.95 | 2023 | -2% | -3.8% | View data |
| 5 | 5 Austria | 4.99 | 2023 | +3.19% | +1.7% | View data |
| 6 | 6 Czech Republic | 3.54 | 2023 | -0.54% | -1.93% | View data |
| 7 | 7 Romania | 1.76 | 2023 | +1.74% | -2.11% | View data |
| 8 | 8 Estonia | 0.72 | 2023 | +7.11% | +3.24% | View data |
| 9 | 9 Lithuania | 0.46 | 2023 | -5.38% | -3.62% | View data |
| 10 | 10 Bulgaria | 0.4 | 2023 | -5.8% | -3.76% | View data |
