In 2023, Italy leads in environmentally related tax revenue from taxes on energy in the manufacturing of chemicals, basic pharmaceuticals, and preparations, with an increase of 1.0%. Romania shows the highest growth rate at 6.21%, while Finland experiences the largest decline at -11.22%. The United Kingdom, Belgium, Slovenia, and Ireland also observe declines. Notable increases are seen in Lithuania (4.29%) and Austria (3.87%). Over the last five years, most countries register moderate growth, with some fluctuations in year-on-year performance.
Future trends to watch include the impact of policy shifts towards greener energy use and technological advancements in manufacturing processes. Countries may see varying tax revenue depending on their commitment to environmental sustainability and regulatory changes in the energy sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Chemicals, Basic Pharmaceuticals and Preparations by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 541.95 | 2023 | +1.02% | +1% | View data |
| 2 | 2 United Kingdom | 503.71 | 2023 | -1.43% | -1.66% | View data |
| 3 | 3 Romania | 423.23 | 2023 | +2.35% | +6.21% | View data |
| 4 | 4 Serbia | 378.14 | 2023 | +2.78% | +0.42% | View data |
| 5 | 5 Netherlands | 270.45 | 2023 | +1.6% | +2.47% | View data |
| 6 | 6 Belgium | 208.16 | 2023 | -4.57% | -1.8% | View data |
| 7 | 7 Slovenia | 164.08 | 2023 | +0.8% | -0.66% | View data |
| 8 | 8 Lithuania | 162.01 | 2023 | +6.26% | +4.29% | View data |
| 9 | 9 Austria | 100.63 | 2023 | +3.4% | +3.87% | View data |
| 10 | 10 Portugal | 89.58 | 2023 | +5.17% | +4.81% | View data |
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