In 2023, Germany led European environmentally related tax revenue from energy taxes in public administration and defence, with revenues growing modestly. The UK and Ireland saw declines, while Italy, Belgium, and Switzerland projected high increases, averaging over 1% growth. Slovakia showed an extraordinary 17.98% increase, indicating a significant policy shift. Conversely, Latvia, Bulgaria, and Cyprus experienced declines. The five-year CAGR suggests incremental growth, with Austria, Estonia, and Iceland showing positive prospects.
Future trends to watch include policies driving climate commitments, potential tax reforms, and energy market shifts affecting revenue patterns. Countries like Slovakia and Austria may continue to experience notable changes given their recent trajectories.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Public Administration and Defence; Compulsory Social Security by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,190 | 2023 | -0.047% | +0.022% | View data |
| 2 | 2 United Kingdom | 773.11 | 2023 | -0.18% | -0.084% | View data |
| 3 | 3 Italy | 770.25 | 2023 | +1.48% | +1.46% | View data |
| 4 | 4 Belgium | 245.85 | 2023 | +2.27% | +1.6% | View data |
| 5 | 5 Switzerland | 202.29 | 2023 | +1.84% | +1.39% | View data |
| 6 | 6 Netherlands | 194.46 | 2023 | +3.68% | +0.89% | View data |
| 7 | 7 Slovakia | 160.56 | 2023 | +4.81% | +17.98% | View data |
| 8 | 8 Ireland | 137.8 | 2023 | +2.69% | -0.55% | View data |
| 9 | 9 Finland | 117.22 | 2023 | +1.61% | +1.05% | View data |
| 10 | 10 Denmark | 93.45 | 2023 | +0.013% | +0.049% | View data |