The European Environmentally Related Tax Revenue from Taxes on Energy in the Repair and Installation of Machinery and Equipment shows significant disparities among countries. In 2023, the United Kingdom led with the highest revenue, followed by Italy and France, despite Italy’s substantial decline. Conversely, smaller economies like Estonia, Slovakia, and Hungary experienced notable growth. Portugal, Finland, Latvia, and Iceland also marked minor positive shifts, while Denmark, Greece, and the Netherlands saw slight reductions. This variation highlights divergent national policies and economic conditions impacting the sector.
Future trends to watch include potential shifts in tax structures due to evolving EU energy policies, increasing focus on sustainability, and technological advancements. Countries may continue to adapt their tax frameworks to foster green energy initiatives, potentially affecting future revenue distribution across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Repair and Installation of Machinery and Equipment Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 30.14 | 2023 | -0.66% | -0.89% | View data |
| 2 | 2 Italy | 25.31 | 2023 | -6.7% | -15.54% | View data |
| 3 | 3 France | 22.22 | 2023 | +2.38% | -1.44% | View data |
| 4 | 4 Czech Republic | 4.96 | 2023 | +2.53% | +2.81% | View data |
| 5 | 5 Netherlands | 3.46 | 2023 | +5.8% | -0.16% | View data |
| 6 | 6 Spain | 3.19 | 2023 | +2.14% | -0.33% | View data |
| 7 | 7 Denmark | 2.22 | 2023 | +0.26% | -2.69% | View data |
| 8 | 8 Portugal | 1.87 | 2023 | +1.69% | +0.59% | View data |
| 9 | 9 Finland | 1.6 | 2023 | +5.03% | +3.29% | View data |
| 10 | 10 Austria | 1.25 | 2023 | +2.38% | +1.75% | View data |
