In 2023, the Netherlands and Italy led the European tax revenue from energy-related taxes in sports and recreation activities, with values of $23.95 million and $23.13 million, respectively. Italy saw a significant year-on-year increase of 7.44%, while Germany, despite being a major economy, experienced a slight decrease of 0.13%. Switzerland and Estonia notably recorded increases as well, at 2.03% and 3.43%, whereas Denmark and Poland showed declines of 6.87% and 5.57%. Overall, some countries exhibited positive momentum in environmentally related tax revenues, but disparities persist across the region.
Looking ahead, policymakers may focus on harmonizing and optimizing tax systems to increase efficiencies while promoting sustainability. The shift towards greener economies may influence increased attention to sports and recreation sectors' energy use and associated taxations. Monitoring technological advancements and consumer behaviors will be crucial in adapting future tax strategies across Europe in this segment.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Sports Activities and Amusement and Recreation Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 23.95 | 2023 | +13.21% | +1.5% | View data |
| 2 | 2 Italy | 23.13 | 2023 | +2.28% | +7.44% | View data |
| 3 | 3 Germany | 17.24 | 2023 | +0.51% | -0.13% | View data |
| 4 | 4 Switzerland | 6.46 | 2023 | +2.6% | +2.03% | View data |
| 5 | 5 Spain | 6.35 | 2023 | +0.078% | -2.4% | View data |
| 6 | 6 Sweden | 5.44 | 2023 | +1.4% | +0.64% | View data |
| 7 | 7 Finland | 4.19 | 2023 | +1.31% | +0.49% | View data |
| 8 | 8 Belgium | 2.48 | 2023 | +2.38% | +1.53% | View data |
| 9 | 9 Poland | 2.23 | 2023 | +1.08% | -5.57% | View data |
| 10 | 10 Denmark | 2.22 | 2023 | +0.46% | -6.87% | View data |
