In 2023, Germany's tax expenditure on natural gas stood at a level that set the stage for the subsequent years' forecasted expenditures. The forecast indicates a gradual decline in tax expenditure from 2024, with values decreasing from $856.86 million to $813.02 million by 2028. Year-on-year, the tax expenditure is expected to decrease, with the annual growth rates showing minor declines: 2025 sees a -1.52% change, followed by -1.37% in 2026, -1.22% in 2027, and -1.11% in 2028. The compound annual growth rate (CAGR) over this period is -1.29%.
Future trends to watch for:
- Policy changes impacting natural gas taxation may alter these forecasts significantly.
- Technological advancements in renewable energy could reduce reliance on natural gas, affecting tax expenditure.
- Macroeconomic factors, including energy demand fluctuations and inflation rates, may influence future expenditure trends.