In 2023, Italy led European environmentally related tax revenue from taxes on energy within legal, accounting, and consultancy sectors with $570.16 million. The Netherlands followed with $173.54 million, displaying a stable increase. Slovakia's significant growth of 43.24% stands out, while Sweden's revenue decreased by 1.24%. Greece and Portugal showed modest gains, whereas Poland and Hungary faced declines. Notably, Slovenia had a robust increase of 15.82%. Over the last five years, the market has experienced varied growth, with some countries like Slovakia and Slovenia showing promising upward trends.
Future trends to watch include:
- Increased emphasis on sustainability might lead to higher tax revenues in countries with developing green policies.
- Slovakia and Slovenia's strong growth could indicate emerging regional markets ripe for investment.
- Potential policy changes in Italy and the Netherlands could drive further revenue increases, especially in consultancy sectors.
- The shift toward sustainable solutions in corporate practices may impact tax structures and revenue across these regions.
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 PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 570.16 | 2023 | +2.54% | +8.34% | View data |
| 2 | 2 Netherlands | 173.54 | 2023 | +1.08% | +1.79% | View data |
| 3 | 3 Slovakia | 73.21 | 2023 | +5.78% | +43.24% | View data |
| 4 | 4 Sweden | 52.68 | 2023 | -1.52% | -1.24% | View data |
| 5 | 5 Greece | 31.48 | 2023 | +0.77% | +1.17% | View data |
| 6 | 6 Poland | 30.29 | 2023 | -0.36% | -3.14% | View data |
| 7 | 7 Portugal | 26.4 | 2023 | +4.57% | +1.1% | View data |
| 8 | 8 Romania | 7.53 | 2023 | +2.8% | +1.6% | View data |
| 9 | 9 Norway | 5.57 | 2023 | +1.18% | -0.83% | View data |
| 10 | 10 Serbia | 4.46 | 2023 | +4.35% | +3.78% | View data |
