The data for 2024 indicates that Slovenia, Croatia, and Bulgaria lead in environmentally-related energy tax revenue as a percentage of GDP, with Slovenia showing a 0.6% increase year-on-year. Countries like Namibia and the Philippines experienced significant increases with year-on-year growth of 20.64% and 13.02%, respectively. In contrast, countries such as Denmark and Trinidad and Tobago saw significant declines, at -6.15% and -30.12%, respectively. Over the past five years, notable growth occurred in Barbados and the Ivory Coast, while many European and African nations experienced decreases.
Future trends to monitor include the potential for increased environmental taxation in nations currently at lower levels as they strive to align with global sustainability goals. Additionally, policies in key markets like the EU and shifts in consumer and industrial behaviors could heavily influence these revenues worldwide.
Top countries in Environmentally-Related Energy Tax Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 3.42 | 2023 | +2.7% | +0.6% | View data |
| 2 | 2 Croatia | 3.09 | 2023 | 0% | -1.48% | View data |
| 3 | 3 Bulgaria | 2.58 | 2023 | 0% | +2.77% | View data |
| 4 | 4 Greece | 2.56 | 2023 | -3.4% | -2.99% | View data |
| 5 | 5 South Africa | 2.53 | 2023 | 0% | +0.64% | View data |
| 6 | 6 Honduras | 2.3 | 2023 | +2.22% | +0.26% | View data |
| 7 | 7 Eswatini (Swaziland) | 2.11 | 2023 | |||
| 8 | 8 Romania | 2.09 | 2023 | +1.95% | +1.61% | View data |
| 9 | 9 Netherlands | 1.87 | 2023 | 0% | 0% | View data |
| 10 | 10 Lithuania | 1.71 | 2023 | 0% | -2.59% | View data |
