In 2023, Germany and Italy led in European environmentally related tax revenue from energy taxes in construction, both above $1.7 billion. France reported $1.14 billion, showing a significant decrease of 1.48% compared to the previous year. Notably, Portugal and Romania exhibited substantial year-on-year growth rates of 2.98% and 4.54%, respectively. Estonia achieved the highest growth rate at 10.66%. In contrast, Greece suffered the most significant decline, dropping by 10.45%.
Future trends to watch include potential increases in tax revenue as EU countries continue to pursue stringent environmental policies. Green technology adoption in the construction sector may influence tax income, and countries implementing clean energy incentives could see shifts in revenue structures. Sustainable construction practices and EU climate targets will shape the revenue landscape significantly.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Construction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,810 | 2023 | -0.55% | -0.64% | View data |
| 2 | 2 Italy | 1,720 | 2023 | +0.076% | +0.43% | View data |
| 3 | 3 France | 1,140 | 2023 | +2.73% | -1.48% | View data |
| 4 | 4 Netherlands | 581.77 | 2023 | +3.02% | +0.59% | View data |
| 5 | 5 Hungary | 443.88 | 2023 | +4.38% | +2.69% | View data |
| 6 | 6 Sweden | 433.27 | 2023 | +0.29% | +0.32% | View data |
| 7 | 7 Norway | 430.74 | 2023 | +2.11% | +1.44% | View data |
| 8 | 8 Belgium | 402.6 | 2023 | +0.36% | -0.27% | View data |
| 9 | 9 Czech Republic | 387.85 | 2023 | +0.88% | +1.03% | View data |
| 10 | 10 Portugal | 247.51 | 2023 | +4.42% | +2.98% | View data |
