The European Environmentally Related Tax Revenue from taxes on energy in the electricity, gas, steam, and air conditioning supply reveals a significant variation by country in 2023. France leads with $8.26 billion, exhibiting a robust annual growth of 5.53%. Germany, reporting $2.02 billion, also shows a healthy increase of 5.33%. Meanwhile, Italy experienced a minor decrease of 0.22%. Spain and Finland both display notable growth rates at 5.58%, with Belgium and Poland showing impressive gains of 9.07% and 9.92%, respectively. Conversely, Sweden and Norway decreased by 6.8% and 5.84%, respectively.
Future trends to watch for include:
- Potential policy shifts towards greener taxation frameworks might elevate tax revenues further.
- Technological advances in energy efficiency could impact tax bases.
- Increased investments in renewable energy may alter the landscape of environmental tax revenues.
- Geopolitical factors might influence energy supply and corresponding tax rates.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Electricity, Gas, Steam and Air Conditioning Supply by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 8,260 | 2023 | +5% | +5.53% | View data |
| 2 | 2 Germany | 2,020 | 2023 | +0.47% | +5.33% | View data |
| 3 | 3 Italy | 1,390 | 2023 | +3.92% | -0.22% | View data |
| 4 | 4 Spain | 1,290 | 2023 | +6.06% | +5.58% | View data |
| 5 | 5 Greece | 780.11 | 2023 | +2.02% | +1.73% | View data |
| 6 | 6 Finland | 670.39 | 2023 | +3.16% | +5.58% | View data |
| 7 | 7 Belgium | 537.85 | 2023 | +4.95% | +9.07% | View data |
| 8 | 8 Poland | 323.19 | 2023 | +4.47% | +9.92% | View data |
| 9 | 9 Sweden | 283.42 | 2023 | -10.62% | -6.8% | View data |
| 10 | 10 Denmark | 189.16 | 2023 | +6.96% | -0.88% | View data |
