The data reveals disparate trends across Europe in environmentally related tax revenue from energy taxes in employment activities. The Netherlands led with $39.85 million in 2023, while Iceland showed strong upward momentum with a 5.37% increase. Conversely, Italy experienced a notable 26.06% decline, and Bulgaria saw the sharpest drop at 34.69%. Noteworthy growth was observed in Serbia, which posted a 4.71% increase. On average, European countries witnessed varying trends with a mixed compound annual growth rate over the past five years.
Looking ahead, it is crucial to monitor regulatory changes, technological advancements in energy efficiency, and shifts in energy consumption behavior. Additionally, evolving EU energy policies and increasing focus on sustainability may significantly influence tax structures and revenue generation in this domain.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Employment Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 39.85 | 2023 | +2.89% | -0.79% | View data |
| 2 | 2 Italy | 22.16 | 2023 | -15.33% | -26.06% | View data |
| 3 | 3 Poland | 19.66 | 2023 | +1.02% | +0.6% | View data |
| 4 | 4 Norway | 10.56 | 2023 | +0.75% | -7.58% | View data |
| 5 | 5 Belgium | 8.4 | 2023 | +1.53% | +1.01% | View data |
| 6 | 6 Denmark | 4.4 | 2023 | +0.45% | -3.93% | View data |
| 7 | 7 Malta | 2.2 | 2023 | +6.6% | +1.82% | View data |
| 8 | 8 Portugal | 2.15 | 2023 | +1.68% | -0.98% | View data |
| 9 | 9 Austria | 1.76 | 2023 | -10.36% | -8.96% | View data |
| 10 | 10 Hungary | 1.06 | 2023 | -2.19% | -0.15% | View data |
