The analysis of European environmentally related tax revenue from taxes on energy in accommodation and food service activities reveals that Italy leads with the highest share, followed by the United Kingdom and Spain. Notable growth occurred in the Netherlands, Switzerland, and Belgium, whereas Denmark and Austria experienced significant declines. Other countries had varied performances, with some showing minor fluctuations year-on-year. The recent trends indicate a mix of moderate growth and decline across different countries.
Looking ahead, key trends to watch include the impact of evolving EU energy and environmental policies, economic recovery after the pandemic, and shifts in consumer behavior towards sustainability in the accommodation and food sectors. These factors will shape future tax revenue trends in this sector across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Accommodation and Food Service Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33.85 | 2023 | +1.42% | +2.04% | View data |
| 2 | 2 United Kingdom | 10.34 | 2023 | +1.43% | +1.13% | View data |
| 3 | 3 Spain | 9.82 | 2023 | +7.71% | -0.96% | View data |
| 4 | 4 Germany | 9 | 2023 | +0.82% | +0.27% | View data |
| 5 | 5 Netherlands | 8.05 | 2023 | +10.43% | +3.46% | View data |
| 6 | 6 France | 6.91 | 2023 | +3.67% | +1.33% | View data |
| 7 | 7 Greece | 3.95 | 2023 | +2.46% | +2.43% | View data |
| 8 | 8 Switzerland | 3.34 | 2023 | +3.64% | +2.76% | View data |
| 9 | 9 Belgium | 2.94 | 2023 | +3.84% | +2.78% | View data |
| 10 | 10 Sweden | 1.98 | 2023 | +0.85% | +0.026% | View data |
