In 2023, France led European Environmentally Related Tax Revenue from Taxes on Energy in Legal and Accounting Activities; Activities of Head Offices; and Management Consultancy, at $490.38 million, despite a slight decline of 1.31%. Germany closely followed with a rise of 0.74% to $320.35 million. Belgium's revenue increased by 1.34%, whereas Spain and Sweden declined significantly by 3.67% and 3.52% respectively. Notably, Slovakia saw a remarkable 42.25% increase, highlighting substantial growth potential. The average annual growth rate across the region over the past five years showed diverse trends, with some countries experiencing steady increases and others declines.
Future trends to watch:
- Shift towards renewable energy impacting energy tax revenue.
- Policy changes affecting environmentally related tax rates across the EU.
- Technological advancements in legal, accounting, and consultancy sectors that might influence energy consumption and related taxation.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 490.38 | 2023 | +1.13% | -1.31% | View data |
| 2 | 2 Germany | 320.35 | 2023 | +1.11% | +0.74% | View data |
| 3 | 3 Belgium | 142.2 | 2023 | +2.52% | +1.34% | View data |
| 4 | 4 Spain | 54.86 | 2023 | +1.23% | -3.67% | View data |
| 5 | 5 Sweden | 50.7 | 2023 | -3.27% | -3.52% | View data |
| 6 | 6 Switzerland | 43.18 | 2023 | +1.17% | -0.26% | View data |
| 7 | 7 Slovakia | 42.18 | 2023 | +5.67% | +42.25% | View data |
| 8 | 8 Greece | 20.3 | 2023 | -0.64% | -0.92% | View data |
| 9 | 9 Portugal | 17.59 | 2023 | +1.1% | -0.63% | View data |
| 10 | 10 Czech Republic | 16.29 | 2023 | +0.66% | -0.83% | View data |