In 2023, Italy led European environmentally related tax revenue from energy taxes within the arts, entertainment, and recreation sectors, at $38.57 million. The UK, Sweden, Switzerland, and Denmark followed. Italy and Switzerland experienced notable increases in revenues, while Denmark and Poland saw declines. Over the past five years, variation patterns reveal disparities, reflecting diverse energy policies.
Future trends to watch include the implementation of stricter environmental regulations and green energy policies which might influence tax revenues differently across countries. Countries with progressive green agendas may see significant shifts in tax revenue distribution relative to the energy sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Arts, Entertainment and Recreation Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 38.57 | 2023 | +1.18% | +1.74% | View data |
| 2 | 2 United Kingdom | 22.94 | 2023 | +1.56% | +1.59% | View data |
| 3 | 3 Sweden | 7.24 | 2023 | +1.11% | +0.25% | View data |
| 4 | 4 Switzerland | 6.63 | 2023 | +2.6% | +2.02% | View data |
| 5 | 5 Denmark | 4.67 | 2023 | +0.36% | -6.52% | View data |
| 6 | 6 Belgium | 3.82 | 2023 | +2.15% | +1.23% | View data |
| 7 | 7 Austria | 3.38 | 2023 | +2.05% | +0.63% | View data |
| 8 | 8 Poland | 3.27 | 2023 | +0.42% | -5.5% | View data |
| 9 | 9 Norway | 2.59 | 2023 | +1.17% | -2.17% | View data |
| 10 | 10 Ireland | 2.43 | 2023 | +3.21% | +1.54% | View data |
