The analysis of 2023 data on European environmentally-related tax revenue from resources in the electricity sector reveals Belgium as the leading nation at 55.68 million USD, followed by Spain at 17.06 million USD. Croatia showed notable growth with an 11.06% increase, while Cyprus experienced a significant decline of 21.92%. Established markets like France and Estonia showed negative growth. A five-year CAGR indicates increasing trends for Spain and Latvia, while a decline is observed for France and Estonia.
Future trends to watch:
- Emerging technologies reducing dependency on traditional revenue streams.
- Increased emphasis on renewable energy potentially altering tax structures.
- Policy changes across individual countries influencing revenue fluctuations.
- Potential growth in developing regions as infrastructure expands.
- Impact of EU energy transition policies on revenue generation.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources 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 Belgium | 55.68 | 2023 | +3.46% | +2.06% | View data |
| 2 | 2 Spain | 17.06 | 2023 | +6.87% | +8.53% | View data |
| 3 | 3 Slovenia | 14.28 | 2023 | +0.16% | +0.31% | View data |
| 4 | 4 Bulgaria | 4.28 | 2023 | -0.32% | +3.32% | View data |
| 5 | 5 Estonia | 2.36 | 2023 | -1.55% | -4.83% | View data |
| 6 | 6 Serbia | 2.34 | 2023 | -3.39% | -2.43% | View data |
| 7 | 7 Latvia | 1.66 | 2023 | +6.13% | +5.22% | View data |
| 8 | 8 France | 1.46 | 2023 | -0.16% | -5.04% | View data |
| 9 | 9 Croatia | 0.88 | 2023 | +3.55% | +11.06% | View data |
| 10 | 10 Cyprus | 0.003 | 2023 | +5.13% | -21.92% | View data |
