In 2024, Germany leads in environmentally related tax revenue from energy taxes with $56.29B, closely followed by Italy and the UK. Notable increases include Romania at 4.3% and Bulgaria at 4.07%. Denmark, however, experienced the largest decline at -6.26%. The average annual growth over the past five years shows modest increases for countries like Switzerland and Romania, while several others such as France and Norway have witnessed declines.
Future trends to watch include the impact of renewable energy transitions on tax revenue and potential policy changes to increase energy taxation in countries with lower current revenues, as part of their climate commitment strategies.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in the Total Economy by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 56,290 | 2023 | -0.22% | -0.74% | View data |
| 2 | 2 Italy | 54,850 | 2023 | +3.81% | -0.29% | View data |
| 3 | 3 United Kingdom | 49,940 | 2023 | +0.52% | +0.033% | View data |
| 4 | 4 France | 47,990 | 2023 | +0.57% | -2.57% | View data |
| 5 | 5 Spain | 19,580 | 2023 | +1.85% | -1.9% | View data |
| 6 | 6 Netherlands | 17,460 | 2023 | +1.85% | +0.41% | View data |
| 7 | 7 Poland | 15,400 | 2023 | +1.91% | +0.13% | View data |
| 8 | 8 Canada | 12,430 | 2023 | +4.2% | -0.14% | View data |
| 9 | 9 Belgium | 11,080 | 2023 | +2.08% | +1.26% | View data |
| 10 | 10 Sweden | 8,350 | 2023 | +1.25% | -0.18% | View data |
