In 2023, Germany led Europe's environmentally related tax revenue from transport in electricity, gas, steam, and air conditioning supply with $23.83 million, showing a modest increase of 1.51%. Notable decreases were observed in France (-4.7%) and Finland (-8.03%). Austria witnessed a slight increase (1.71%), while Italy saw a significant decline (-6.66%). The Czech Republic showed positive growth (3.9%). Portugal and Sweden showed stronger performances with increases of 2.01% and 4.34%, respectively. Other countries like Hungary and Cyprus showed notable declines (-11.34% and -6.65%, respectively).
Future trends indicate an increasing focus on sustainable energy solutions, which may spur higher tax revenues linked to transitional energy efficiency initiatives and stricter environmental policies. Countries leading in renewable energy adoption and decarbonization efforts are expected to see either increased or stabilized tax revenues as investments grow in this sector. This trend could shape policies and affect tax revenue distributions across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Electricity, Gas, Steam and Air Conditioning Supply Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.83 | 2023 | +1.74% | +1.51% | View data |
| 2 | 2 France | 14.2 | 2023 | -0.62% | -4.7% | View data |
| 3 | 3 Finland | 10.39 | 2023 | -4.68% | -8.03% | View data |
| 4 | 4 Austria | 9.17 | 2023 | +1.97% | +1.71% | View data |
| 5 | 5 Switzerland | 7.6 | 2023 | +2.02% | +1.31% | View data |
| 6 | 6 Italy | 6.2 | 2023 | -3.05% | -6.66% | View data |
| 7 | 7 Norway | 4.42 | 2023 | -2.34% | -0.87% | View data |
| 8 | 8 Denmark | 3.75 | 2023 | +0.66% | -1.21% | View data |
| 9 | 9 Portugal | 3.44 | 2023 | +2.67% | +2.01% | View data |
| 10 | 10 Sweden | 3.35 | 2023 | +1.65% | +4.34% | View data |
