In 2023, Spain led the European environmentally related tax revenue from taxes on resources in electricity, gas, steam, and air conditioning supply, valued at approximately 31.43 million USD PPP, followed closely by Slovenia with 31.02 million USD PPP. Countries like Bulgaria, Latvia, and Estonia showed modest gains in revenue while Serbia, the Netherlands, France, Poland, and Cyprus experienced declines. Notably, Poland and Cyprus faced significant drops, indicating a shifting fiscal landscape. The five-year compound annual growth rate showed Poland's declining revenue trajectory.
Looking forward, key trends include the potential impact of enhanced sustainability initiatives and energy transition policies. With potential shifts toward greener economies, countries might see an uptick in tax revenues as investments in renewable energy sources and eco-friendly technologies become more widespread.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Electricity, Gas, Steam and Air Conditioning Supply Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 31.43 | 2023 | +5.96% | +7.88% | View data |
| 2 | 2 Slovenia | 31.02 | 2023 | +0.28% | +1.13% | View data |
| 3 | 3 Bulgaria | 13.86 | 2023 | -1.19% | +2.82% | View data |
| 4 | 4 Serbia | 8.8 | 2023 | -2.62% | -1.2% | View data |
| 5 | 5 Estonia | 5.23 | 2023 | -2.28% | -4.63% | View data |
| 6 | 6 Latvia | 3.97 | 2023 | +4.99% | +4.97% | View data |
| 7 | 7 Netherlands | 2.71 | 2023 | -2.55% | -2.42% | View data |
| 8 | 8 France | 2.44 | 2023 | +0.36% | -3.84% | View data |
| 9 | 9 Poland | 0.84 | 2023 | -28.23% | -18.5% | View data |
| 10 | 10 Cyprus | 0.006 | 2023 | +5.13% | -21.92% | View data |
