In 2023, Italy led in environmentally related tax revenue from energy taxes in scientific research and development, totaling 313.34 million USD, with a modest increase from the previous year. France and the United Kingdom followed, though both experienced declines. Notably, Slovenia showed significant growth with a 7.55% year-on-year increase, while Austria and Malta faced the largest declines. This landscape reveals dynamic shifts influenced by policy changes, technological strategies, and energy transitions. Despite a general downward trend, some countries like the Netherlands managed significant gains, signaling investments in green R&D driving tax revenue.
Looking forward, the trend in Europe will likely continue to fluctuate as countries intensify their efforts in climate policies and energy innovation. Nations with increasing investments in renewable energy and scientific R&D are anticipated to observe higher tax revenues from these sectors. The interplay of economic recovery, technological advancements, and regulatory frameworks will be crucial for future growth in environmentally related tax revenue.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Scientific Research and Development by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 313.34 | 2023 | +2% | +1.09% | View data |
| 2 | 2 France | 167.39 | 2023 | +2.79% | -0.084% | View data |
| 3 | 3 United Kingdom | 32.44 | 2023 | -0.18% | -0.55% | View data |
| 4 | 4 Netherlands | 12.54 | 2023 | +2.09% | +3.36% | View data |
| 5 | 5 Poland | 5.86 | 2023 | -1.41% | -6.93% | View data |
| 6 | 6 Sweden | 4.24 | 2023 | -3.36% | -2.12% | View data |
| 7 | 7 Norway | 4.19 | 2023 | +0.81% | -5.81% | View data |
| 8 | 8 Romania | 3.25 | 2023 | +2.28% | +0.83% | View data |
| 9 | 9 Finland | 2.69 | 2023 | -1.44% | -1.84% | View data |
| 10 | 10 Portugal | 2.14 | 2023 | +0.14% | -1.8% | View data |
