In 2023, environmentally related tax revenues from energy taxes in European agricultural sectors were led by France, followed by the Netherlands, and Spain. France showed a slight decrease, while countries like Denmark and Croatia saw positive growth. Notably, Belgium and Romania observed significant increases, with Slovenia experiencing the largest growth. Meanwhile, Latvia, Austria, and Spain faced notable declines over the year.
Future trends to watch include potential shifts in tax policies focusing on renewable energy incentives. Increased emphasis on sustainability might alter fiscal strategies, potentially impacting tax revenues differently across countries, aligning with their respective energy transition agendas.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Crop and Animal Production, Hunting and Related Service Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 36.94 | 2023 | +3.85% | -0.53% | View data |
| 2 | 2 Netherlands | 16.21 | 2023 | +2.43% | -0.73% | View data |
| 3 | 3 Spain | 6.56 | 2023 | +0.59% | -1.45% | View data |
| 4 | 4 Denmark | 4.91 | 2023 | +0.81% | +2.35% | View data |
| 5 | 5 Sweden | 4.82 | 2023 | -1.04% | -1.67% | View data |
| 6 | 6 Belgium | 4.75 | 2023 | +4.22% | +3.1% | View data |
| 7 | 7 Hungary | 4.2 | 2023 | +1.29% | +0.19% | View data |
| 8 | 8 Switzerland | 3.89 | 2023 | +1.37% | +0.81% | View data |
| 9 | 9 Austria | 2.83 | 2023 | -5.18% | -4.95% | View data |
| 10 | 10 Croatia | 2.73 | 2023 | +2.94% | +2.17% | View data |
