In 2023, Spain led in environmentally related tax revenue from pollution in electricity and related industries, with a value of 1.32 billion USD. Notable year-on-year increases were seen in Spain (9.25%) and the Netherlands (7.32%), while Belgium and Lithuania faced significant declines at -13.28% and -37.69%, respectively. Over the past five years, the average annual growth (CAGR) highlights a diverse set of trends across Europe.
Future trends to watch include:
- Potential policy shifts towards greener technologies and more stringent environmental regulations.
- Fluctuations influenced by energy demand, technological advancements, and political developments.
- Possible continued growth in countries investing in clean energy transition.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Electricity, Gas, Steam and Air Conditioning Supply by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,320 | 2023 | +6.3% | +9.25% | View data |
| 2 | 2 United Kingdom | 51.79 | 2023 | +0.82% | -0.28% | View data |
| 3 | 3 Serbia | 43.91 | 2023 | +2.03% | +0.4% | View data |
| 4 | 4 Estonia | 39.7 | 2023 | +12.03% | -2.75% | View data |
| 5 | 5 Poland | 33.86 | 2023 | -0.21% | +0.64% | View data |
| 6 | 6 Netherlands | 26.99 | 2023 | +6.34% | +7.32% | View data |
| 7 | 7 Czech Republic | 16.48 | 2023 | +0.17% | +6.29% | View data |
| 8 | 8 Italy | 14.01 | 2023 | -6.7% | -8.78% | View data |
| 9 | 9 Latvia | 13.68 | 2023 | +9.37% | +1.83% | View data |
| 10 | 10 Hungary | 5.64 | 2023 | -6.76% | -10.5% | View data |