In 2023, France led in energy-related tax revenue within the European rental and leasing sectors, surpassing other countries with significant earnings, although experiencing a minor year-on-year decline. Belgium and the United Kingdom followed, with Belgium showing slight reduction and the UK a notable decrease. Contrarily, Poland, Austria, the Czech Republic, and other smaller markets displayed positive growth. Noteworthy is Malta and Slovenia's strong upward trend. Finland witnessed a stark contraction. The year-over-year variations indicate a challenging landscape with some localized growth areas.
Future trends to watch include policy impacts on tax strategies as nations enhance their energy transition commitments. Opportunities for growth may arise from intensifying European green agendas, likely boosting such tax revenues in developing rental and leasing markets within Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Rental and Leasing Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 339.24 | 2023 | +1.94% | -1.59% | View data |
| 2 | 2 Belgium | 213.65 | 2023 | +1.11% | -0.27% | View data |
| 3 | 3 United Kingdom | 144.56 | 2023 | -6.16% | -5% | View data |
| 4 | 4 Poland | 45.52 | 2023 | +3.28% | +2.22% | View data |
| 5 | 5 Italy | 43.08 | 2023 | +0.33% | -0.048% | View data |
| 6 | 6 Austria | 35.12 | 2023 | +3.24% | +2.17% | View data |
| 7 | 7 Norway | 26.79 | 2023 | +0.95% | -5.95% | View data |
| 8 | 8 Czech Republic | 26.75 | 2023 | +3.46% | +3.1% | View data |
| 9 | 9 Portugal | 15.94 | 2023 | +0.13% | -2.14% | View data |
| 10 | 10 Iceland | 3.99 | 2023 | +4.21% | +2.09% | View data |
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