The analysis of European environmentally related tax revenues from energy taxes in auxiliary financial services and insurance highlights varied trends among countries. The United Kingdom leads with revenues at 40.89 million USD PPP, followed by Italy and France. Year-on-year growth for 2023 shows substantial increases in Ireland and Slovakia, while Romania and Iceland face significant declines. Other countries like Denmark and Sweden experience moderate decreases. Over a five-year period, the compound annual growth rates reveal diverse growth trajectories, informed by these 2023 variations and economic factors.
Future trends to watch include the influence of fiscal policies aiming to bolster green taxation frameworks, the impact of regulatory changes across the EU, and the role of technological advancements in energy efficiency, which may recalibrate revenue precedents. Keeping an eye on international agreements fostering sustainability could also shape these tax revenue patterns in years to come.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Activities Auxiliary to Financial Services and Insurance Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 40.89 | 2023 | +1.73% | +1.36% | View data |
| 2 | 2 Italy | 21.64 | 2023 | +2.42% | +5.91% | View data |
| 3 | 3 France | 12.78 | 2023 | +4% | +1.36% | View data |
| 4 | 4 Ireland | 9.41 | 2023 | +20.4% | +32.56% | View data |
| 5 | 5 Netherlands | 7.09 | 2023 | +1.13% | +1.72% | View data |
| 6 | 6 Germany | 5.73 | 2023 | -1.56% | +1.79% | View data |
| 7 | 7 Poland | 2.81 | 2023 | -0.69% | -1.2% | View data |
| 8 | 8 Finland | 1.92 | 2023 | +2.95% | +2.52% | View data |
| 9 | 9 Portugal | 1.03 | 2023 | -0.38% | +0.87% | View data |
| 10 | 10 Greece | 0.93 | 2023 | -0.33% | -0.97% | View data |
