In 2023, France led European energy-related tax revenue in the sector with USD 41.36 million, followed by Switzerland and the United Kingdom at USD 24.34 million and USD 15.17 million, respectively. Ireland showed significant growth with a 6.23% year-on-year increase. Slovenia's revenue saw the highest increase at 11.04%, whereas Portugal and Croatia experienced declines of 3.49% and 5.66%, respectively. Over the past five years, the average annual growth reflected diverse country-specific dynamics impacted by domestic energy policies and sector growth.
Looking forward, the emphasis on green energy transitions and technological advancements will likely impact tax structures. Countries without robust growth may need strategic policy shifts to manage tax revenue as the sector evolves, while those already experiencing revenue decline will face challenges in maintaining their fiscal stance in a rapidly transforming market landscape.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Computer, Electronic and Optical Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41.36 | 2023 | +2.18% | +0.78% | View data |
| 2 | 2 Switzerland | 24.34 | 2023 | +2.65% | +2.78% | View data |
| 3 | 3 United Kingdom | 15.17 | 2023 | +1.5% | +1.63% | View data |
| 4 | 4 Ireland | 9.01 | 2023 | +9.44% | +6.23% | View data |
| 5 | 5 Czech Republic | 4.46 | 2023 | +1.63% | +1.02% | View data |
| 6 | 6 Finland | 1.87 | 2023 | +1.35% | +3.58% | View data |
| 7 | 7 Greece | 1.32 | 2023 | +3.29% | +5.83% | View data |
| 8 | 8 Hungary | 0.77 | 2023 | -0.32% | +0.64% | View data |
| 9 | 9 Serbia | 0.76 | 2023 | -0.14% | +2.52% | View data |
| 10 | 10 Portugal | 0.62 | 2023 | -1.61% | -3.49% | View data |