In 2023, Italy's tax expenditure on natural gas stood at 150 million USD. From 2024 to 2028, forecasts suggest a steady increase from 151.57 to 156.5 million USD, representing a year-on-year growth ranging from 1.1% to 0.6%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.8%. This indicates a modest, yet consistent, rise in tax expenditures.
Future trends to watch for:
- Potential policy changes affecting taxation and subsidies in the energy sector.
- Impact of emerging renewable energy sources on natural gas demand and tax policies.
- Economic conditions influencing government expenditure priorities.