European Environmentally Related Tax Revenue from Taxes on Energy in Rental and Leasing Activities Share by Country (Million US Dollars)

In 2023, France led European countries in environmentally related tax revenue from taxes on energy in rental and leasing activities, reaching $37.84 million, despite a 1.59% decrease from the previous year. Belgium and the United Kingdom followed, with Belgium seeing a marginal decline of 0.27% and the UK a significant 5% drop. Poland and Austria showed positive growths of 2.22% and 2.17%, respectively. Notable increases were observed in smaller markets such as Malta and Slovenia, with year-on-year growths of 6.01% and 8.41%. Conversely, Finland experienced the largest decrease of 30.67%.

Looking forward, European countries might experience shifts in tax revenue due to evolving energy policies and a push towards sustainable practices. Continuation of tax reforms, energy transition initiatives, and the economic recovery from previous downturns are pivotal factors likely to influence future trends in this sector.