In 2023, Spain led the European Environmentally Related Tax Revenue from taxes on pollution in the electricity, gas, steam, and air conditioning supply sector, significantly outpacing other countries. The United Kingdom and Serbia followed, albeit with much lower figures. Notable shifts include Spain's 9.25% year-on-year growth, while Italy and Hungary saw declines of 8.78% and 10.5%, respectively. Countries like Lithuania and Belgium experienced substantial drops, whereas the Netherlands and the Czech Republic achieved robust growth of 7.32% and 6.29%, respectively. Overall, the sector displayed mixed trends across the continent, with some regions enhancing environmental taxation efficiency.
Future trends to watch include the strengthening of environmental policies across Europe, potentially increasing tax revenues as countries aim to meet climate goals. Watch for variations in policy approaches, as they may influence the pace and scale of environmentally related tax revenues in different regions.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Electricity, Gas, Steam and Air Conditioning Supply Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 81.37 | 2023 | +6.3% | +9.25% | View data |
| 2 | 2 United Kingdom | 3.2 | 2023 | +0.82% | -0.28% | View data |
| 3 | 3 Serbia | 2.71 | 2023 | +2.03% | +0.4% | View data |
| 4 | 4 Estonia | 2.45 | 2023 | +12.03% | -2.75% | View data |
| 5 | 5 Poland | 2.09 | 2023 | -0.21% | +0.64% | View data |
| 6 | 6 Netherlands | 1.67 | 2023 | +6.34% | +7.32% | View data |
| 7 | 7 Czech Republic | 1.02 | 2023 | +0.17% | +6.29% | View data |
| 8 | 8 Italy | 0.87 | 2023 | -6.7% | -8.78% | View data |
| 9 | 9 Latvia | 0.85 | 2023 | +9.37% | +1.83% | View data |
| 10 | 10 Hungary | 0.35 | 2023 | -6.76% | -10.5% | View data |
