The global government expenditures on fuel and energy show significant variations among countries in 2023. Italy leads with the highest spend at 19.94 million US dollars PPP, followed by France, Japan, and the United Kingdom. Notably, Germany and Australia are moderate spenders in this group. Year-on-year growth rates reveal striking trends, with Hungary and Greece experiencing notable surges, while Sweden and Portugal showed declines. Over the last five years, the average compound annual growth rate (CAGR) highlights stability in countries like Italy and France, whereas Hungary's jumps are sporadic.
Looking ahead, governments may shift priorities toward sustainable energy policies and invest in alternative energy sources to mitigate environmental impacts and enhance energy security. This focus could significantly influence future spending patterns in the fuel and energy sector.
Top countries in Government Expenditures on Fuel and Energy Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19.94 | 2023 | +2.81% | +3.5% | View data |
| 2 | 2 France | 15.49 | 2023 | +3.31% | +4.85% | View data |
| 3 | 3 Japan | 12.78 | 2023 | +0.63% | +1.89% | View data |
| 4 | 4 United Kingdom | 12.42 | 2023 | +4.71% | +5.57% | View data |
| 5 | 5 Spain | 6.58 | 2023 | +2.68% | +1.37% | View data |
| 6 | 6 Germany | 5.92 | 2023 | +1.9% | +5.05% | View data |
| 7 | 7 Australia | 5.78 | 2023 | +0.63% | +0.28% | View data |
| 8 | 8 Czech Republic | 4.16 | 2023 | +3.3% | +3.41% | View data |
| 9 | 9 Netherlands | 2.75 | 2023 | +4.19% | +2.55% | View data |
| 10 | 10 Poland | 2.39 | 2023 | +1.43% | +2.88% | View data |
