The analysis of European environmentally related tax revenue from taxes on energy in the financial and insurance sectors reveals diverse patterns between countries. Poland leads with the highest revenue at 47.33 million USD PPP, with a slight decline in 2023. Despite a decrease, Germany and the Netherlands remain significant contributors. Portugal, Serbia, Slovenia, and Malta demonstrated year-on-year growth in 2023, notably Portugal with a 1.8% increase. Slovakia and Hungary experienced significant declines, 10.64% and 14.01% respectively, indicating potential challenges or policy shifts affecting tax revenues.
Future trends to watch include the impact of European Union climate policies on tax structures, the rise of renewables affecting traditional energy taxes, and the potential regional shifts in revenue as countries transition to greener economies. Monitoring these will be key to understanding the financial landscape of environmentally related taxes.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Financial and Insurance Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 47.33 | 2023 | -0.65% | -0.91% | View data |
| 2 | 2 Germany | 16.15 | 2023 | -0.96% | -0.16% | View data |
| 3 | 3 Netherlands | 13.42 | 2023 | +2.64% | +0.81% | View data |
| 4 | 4 Belgium | 4.33 | 2023 | +0.46% | +0.4% | View data |
| 5 | 5 Finland | 2.83 | 2023 | +0.04% | +0.17% | View data |
| 6 | 6 Czech Republic | 2.8 | 2023 | +1.14% | +0.89% | View data |
| 7 | 7 Sweden | 2.26 | 2023 | -0.24% | -0.28% | View data |
| 8 | 8 Portugal | 1.82 | 2023 | +2.68% | +1.8% | View data |
| 9 | 9 Denmark | 1.52 | 2023 | +0.074% | -3.75% | View data |
| 10 | 10 Romania | 1.46 | 2023 | -0.013% | +0.37% | View data |
