In 2023, Poland led the European countries in environmentally related tax revenue from taxes on energy in the insurance, reinsurance, and pension funding sectors, except compulsory social security, with a substantial amount. The United Kingdom and France followed with significant figures, while smaller countries like Malta and Slovenia registered minimal tax revenues. Notable growth was seen in Portugal and Lithuania, whereas Norway and Slovakia experienced steep declines. Over the last two years, variations highlight diverse economic conditions and policy impacts across Europe.
Looking forward, countries might experience shifts in tax revenue due to evolving environmental policies, technological advancements, and changes in energy consumption patterns. Nations increasing their focus on green initiatives could either increase or alter the structure of such taxes, impacting future revenues either positively or negatively.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 37.38 | 2023 | -0.72% | -1.14% | View data |
| 2 | 2 United Kingdom | 23.93 | 2023 | +0.58% | +0.33% | View data |
| 3 | 3 France | 20.23 | 2023 | +3.34% | +1.26% | View data |
| 4 | 4 Netherlands | 10.17 | 2023 | +0.81% | +1.71% | View data |
| 5 | 5 Switzerland | 1.97 | 2023 | -1.83% | -3.57% | View data |
| 6 | 6 Sweden | 1.78 | 2023 | -3.59% | -3.96% | View data |
| 7 | 7 Belgium | 0.98 | 2023 | -1.32% | -2.22% | View data |
| 8 | 8 Portugal | 0.71 | 2023 | +0.35% | +4.78% | View data |
| 9 | 9 Denmark | 0.57 | 2023 | +0.079% | -5.56% | View data |
| 10 | 10 Austria | 0.56 | 2023 | +2.29% | +0.88% | View data |
