In 2023, Italy leads the European Union in environmentally related tax revenue from energy in arts, entertainment, and recreation, followed by the Netherlands and Germany. Nordic countries like Sweden and Finland show moderate revenue figures, while smaller economies such as Cyprus and Iceland report minimal contributions. Over the last two years, Italy and the Netherlands showed notable increases, while Germany and Poland experienced declines. The annual average growth over the past five years varies, with some Eastern European and Scandinavian countries showing opportunities for higher growth momentum.
Looking forward, countries adopting green energy policies could significantly increase tax revenue. Trends suggesting higher environmental consciousness and sustainable practices in arts, entertainment, and recreation sectors across Europe could shift tax revenue patterns, potentially benefiting countries currently showing lower revenue figures.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Arts, Entertainment and Recreation by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 359.46 | 2023 | +1.6% | +2.91% | View data |
| 2 | 2 Netherlands | 277.4 | 2023 | +12.41% | +2.3% | View data |
| 3 | 3 Germany | 214.8 | 2023 | -0.42% | -0.32% | View data |
| 4 | 4 Spain | 109.94 | 2023 | +3.91% | -0.16% | View data |
| 5 | 5 Sweden | 57.26 | 2023 | +1.89% | +1.83% | View data |
| 6 | 6 Poland | 52.72 | 2023 | +0.53% | -4.91% | View data |
| 7 | 7 Finland | 42.89 | 2023 | +1.36% | +1.08% | View data |
| 8 | 8 Switzerland | 42.24 | 2023 | +2.65% | +2.33% | View data |
| 9 | 9 Belgium | 31.59 | 2023 | +2.31% | +2.03% | View data |
| 10 | 10 Denmark | 30.94 | 2023 | +0.058% | -6.67% | View data |