The global tax expenditure on coal for consumers shows a diverse pattern across countries. Germany leads with 41.43 million USD, followed by the United Kingdom and Finland with 22.4 and 10.01 million USD, respectively. Over the last year, substantial variations include a decrease in Germany by 8.36% and a notable increase in Mexico by 212.26%. Meanwhile, countries like the Netherlands and Switzerland witnessed significant expenditure rises at rates of 12.11% and 11.92%, respectively. Conversely, South Korea and Sweden saw declines of 11.92% and 44.86%, signaling volatility and varying national energy policies.
Future trends indicate a potential shift as countries may move away from coal towards cleaner energy sources owing to climate commitments. This could influence tax expenditures and reshape consumer shares globally. Watching policy changes and investment in renewable energy will be critical in forecasting these shifts.
Top countries in Tax Expenditure on Coal for Consumers Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.43 | 2023 | -6.54% | -8.36% | View data |
| 2 | 2 United Kingdom | 22.4 | 2023 | +9.04% | +3.23% | View data |
| 3 | 3 Finland | 10.01 | 2023 | +7.5% | +1.93% | View data |
| 4 | 4 France | 9.22 | 2023 | +7.91% | +4.35% | View data |
| 5 | 5 Portugal | 7.03 | 2023 | +8.98% | +10.59% | View data |
| 6 | 6 United States | 5.88 | 2023 | -0.22% | -1.27% | View data |
| 7 | 7 Netherlands | 4.77 | 2023 | +8% | +12.11% | View data |
| 8 | 8 Greece | 3.56 | 2023 | -4.16% | -5.96% | View data |
| 9 | 9 Slovakia | 2.38 | 2023 | +4.92% | +1.5% | View data |
| 10 | 10 Switzerland | 1.12 | 2023 | +7.39% | +11.92% | View data |