The European Environmentally Related Tax Revenue in 2023 reflected notable variations across countries. The United Kingdom led in revenue, while France, Italy, and Germany saw slight declines. Noteworthy growth was observed in Romania and Estonia, with significant decreases in Denmark and Sweden. The CAGR over the past five years suggests a moderate growth trend, driven by rising energy taxes and policy changes prioritizing environmental sustainability.
Future trends to watch include policy shifts toward greener energy sources and the implementation of stringent carbon taxes aimed at reducing emissions. Economic recovery post-pandemic and geopolitical factors may also influence revenue variations. Countries might adopt harmonized tax structures to mitigate disparities and enhance sustainability initiatives.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in All Industries Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.42 | 2023 | +1.26% | +0.89% | View data |
| 2 | 2 France | 14.73 | 2023 | +2.22% | -0.87% | View data |
| 3 | 3 Italy | 14.25 | 2023 | +0.58% | -0.31% | View data |
| 4 | 4 Germany | 12.21 | 2023 | -1.19% | -0.96% | View data |
| 5 | 5 Poland | 5.41 | 2023 | +1.23% | -0.6% | View data |
| 6 | 6 Spain | 5.4 | 2023 | +0.72% | -1.23% | View data |
| 7 | 7 Netherlands | 4.06 | 2023 | +1.76% | +0.41% | View data |
| 8 | 8 Belgium | 3.02 | 2023 | +1.26% | +0.71% | View data |
| 9 | 9 Romania | 2.48 | 2023 | +2.77% | +4.24% | View data |
| 10 | 10 Greece | 2.18 | 2023 | +1.42% | +1.15% | View data |
