The European Environmentally Related Tax Revenue from energy taxes in the wholesale and retail trade sectors sees Italy leading with $311.67 million, followed by the UK, Germany, and France in 2023. Some countries, like Switzerland with a 3.97% increase, show positive growth, whereas others, such as Bulgaria and Lithuania, face significant declines at -17.19% and -12.77%. The Netherlands and Hungary reflect resilience, showing upward trends, while many nations demonstrate slight negative growth in line with the broader economic slowdown.
In the future, watch for increased green policies that may alter tax structures, and focus on innovative energy solutions that could impact fiscal revenues. Countries with stagnant or declining growth could experience policy shifts to increase their environmentally related tax revenues as they aim for sustainability and reduced carbon emissions.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 311.67 | 2023 | +0.34% | -0.61% | View data |
| 2 | 2 United Kingdom | 248.44 | 2023 | -2.04% | -2% | View data |
| 3 | 3 Germany | 215.99 | 2023 | -0.41% | -0.96% | View data |
| 4 | 4 France | 202.17 | 2023 | +0.38% | -2.14% | View data |
| 5 | 5 Sweden | 191.12 | 2023 | -0.4% | -0.38% | View data |
| 6 | 6 Netherlands | 159.65 | 2023 | +4.07% | +1.91% | View data |
| 7 | 7 Belgium | 108.43 | 2023 | +1.42% | +0.093% | View data |
| 8 | 8 Poland | 84.83 | 2023 | -0.71% | -1.77% | View data |
| 9 | 9 Hungary | 78.48 | 2023 | +1.63% | +2.67% | View data |
| 10 | 10 Denmark | 74.22 | 2023 | +0.57% | -1.97% | View data |
