In 2023, Italy led Europe's Gross Fixed Capital Formation in environmental activities within the energy sector, valued at 325.7 million Euros, despite a slight decline of 1.85% year-on-year. Germany and France closely followed with 304.0 and 303.2 million Euros, respectively, both experiencing decreases. Most countries in this sector faced reductions, with Latvia showing a significant drop of 27.52%. However, Ireland saw a marginal growth of 0.87%, and Belgium remained stable.
Looking ahead, future trends to observe include a potential rebound driven by increasing investments in sustainable technologies and energy-efficient solutions. Attention should be given to the adoption of green policies and incentives, which could influence capital formation positively in this sector across Europe.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in All Environmental Protection Activities in Electricity, Gas, Steam and Air Conditioning Supply by the Business Sector by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 325.7 | 2023 | -2.43% | -1.85% | View data |
| 2 | 2 Germany | 304 | 2023 | -6.2% | -7.4% | View data |
| 3 | 3 France | 303.2 | 2023 | -1.24% | -2.11% | View data |
| 4 | 4 Slovenia | 54.7 | 2023 | -0.73% | -2.82% | View data |
| 5 | 5 Finland | 52 | 2023 | -5.28% | -6.04% | View data |
| 6 | 6 Ireland | 21.2 | 2023 | +4.43% | +0.87% | View data |
| 7 | 7 Austria | 13.2 | 2023 | -12.58% | -9.63% | View data |
| 8 | 8 Lithuania | 9.1 | 2023 | -8.08% | -9.75% | View data |
| 9 | 9 Latvia | 1.2 | 2023 | -45.45% | -27.52% | View data |
| 10 | 10 Belgium | 0.2 | 2023 | 0% | 0% | View data |