The European environmentally related tax revenue from taxes on energy in education varies significantly across countries. In 2023, Italy led with $542.98 million, followed by the United Kingdom at $425.12 million. Smaller contributions were seen from countries like Greece and Slovakia. Year-on-year, notable growth was observed in Slovenia and Switzerland, at 8.47% and 3.03%, respectively, while significant declines were reported in Bulgaria and Latvia. The 5-year CAGR indicates subtle trends, with some nations experiencing slight growth and others a decline.
Looking forward, emerging trends include potential policy shifts towards green initiatives that may influence tax structures. Enhanced focus on sustainability is likely to impact revenue streams, necessitating vigilance in observing how these dynamic changes converge within educational funding across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Education by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 542.98 | 2023 | +0.94% | +1.43% | View data |
| 2 | 2 United Kingdom | 425.12 | 2023 | +0.062% | +0.29% | View data |
| 3 | 3 Greece | 44.59 | 2023 | +2.1% | +3.32% | View data |
| 4 | 4 Slovakia | 41.34 | 2023 | +3.42% | +6.43% | View data |
| 5 | 5 Finland | 38.29 | 2023 | +0.84% | -0.19% | View data |
| 6 | 6 Romania | 33.56 | 2023 | +0.64% | -1.21% | View data |
| 7 | 7 Sweden | 24.69 | 2023 | +0.36% | +0.26% | View data |
| 8 | 8 Portugal | 21.06 | 2023 | +1.77% | +0.82% | View data |
| 9 | 9 Austria | 20.36 | 2023 | +0.78% | -0.11% | View data |
| 10 | 10 Croatia | 13.2 | 2023 | -4.18% | -3.7% | View data |
