In 2023, tax expenditure on natural gas in France stood at a crucial threshold, marking the baseline for future projections. From 2024 onwards, the forecasted data shows a steady increase in tax expenditure from 1.37 billion USD in 2024 to 1.62 billion USD by 2028. The year-on-year growth rates are consistent, reflecting gradual adjustments likely driven by policy changes or market dynamics in the natural gas sector.
- 2024 to 2025: 4.38% increase
- 2025 to 2026: 4.90% increase
- 2026 to 2027: 4% increase
- 2027 to 2028: 3.85% increase
Over this five-year horizon, the Compound Annual Growth Rate (CAGR) is anticipated to provide insights into the overall average growth trend.
Future trends to watch for include potential shifts in energy policy, investments in renewable energy, and geopolitical developments that could impact natural gas supply and pricing. Such factors might alter the forecasted tax expenditure trajectory, necessitating continual monitoring and analysis.