The 2023 data shows Poland leading in tax revenue from energy in manufacturing of coke and refined petroleum products, with a value of $2.18 billion PPP, exhibiting a substantial 19.42% increase from the previous year. The UK follows with $1.34 billion, showing moderate growth of 1.64%. Italy, Finland, and Hungary show modest yet positive growth. Notably, Estonia displays an impressive 67.01% increase, while Greece, Denmark, and Serbia experience declines. Sweden stands out with a 23.86% rise. Over the past five years, the average annual growth rates indicate varied performance across countries.
Looking toward the future, European countries may see increased volatility in tax revenues as climate policies evolve and energy transition progresses. Monitoring policy changes and technological advancements will be critical for understanding tax revenue trajectories in the energy sector. Watch for shifts in national strategies related to energy taxation and their implications on the manufacturing industry.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Coke and Refined Petroleum Products by Country
# | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Poland | 2,180 | 2023 | +4.97% | +19.42% | View data |
2 | 2 United Kingdom | 1,340 | 2023 | +2.36% | +1.64% | View data |
3 | 3 Italy | 665.27 | 2023 | +4.86% | +3.06% | View data |
4 | 4 Finland | 556.03 | 2023 | +2.82% | +2.56% | View data |
5 | 5 Hungary | 433.45 | 2023 | +2.75% | +7.75% | View data |
6 | 6 Netherlands | 173.22 | 2023 | +7.06% | +10.69% | View data |
7 | 7 Greece | 142.99 | 2023 | -1.46% | -4.15% | View data |
8 | 8 Estonia | 130.58 | 2023 | +20.98% | +67.01% | View data |
9 | 9 Serbia | 123.79 | 2023 | +3.92% | -0.11% | View data |
10 | 10 Slovakia | 26.27 | 2023 | +5.78% | +15.94% | View data |