In 2023, Germany led European Environmentally Related Tax Revenue from Taxes on Energy in Activities of Membership Organisations with $204.71 million, demonstrating a positive growth of 3.6%. The Netherlands and Finland followed with $126.35 million and $60.06 million, showing varied growth rates of 2.41% and a slight decline of 0.12% respectively. Ireland experienced the highest growth at 5.08%, while Slovakia and Austria saw notable declines by over 21%. In contrast, countries like Sweden, Denmark, and Romania registered moderate declines.
Future trends to monitor include the potential impact of evolving EU environmental policies and advances in renewable energy, which might influence tax revenues. Germany's consistent growth suggests a strong tax framework, whereas countries with declining trends may review their tax policies to align with sustainability goals. Additionally, increased focus on energy efficiency and a shift towards greener energy consumption in Europe could impact future revenues in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Activities of Membership Organisations by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 204.71 | 2023 | +4.18% | +3.6% | View data |
| 2 | 2 Netherlands | 126.35 | 2023 | +2.65% | +2.41% | View data |
| 3 | 3 Finland | 60.06 | 2023 | +2.1% | -0.12% | View data |
| 4 | 4 Ireland | 15.99 | 2023 | +7.08% | +5.08% | View data |
| 5 | 5 Norway | 10.99 | 2023 | +1.12% | -1.21% | View data |
| 6 | 6 Denmark | 7.35 | 2023 | +0.11% | -4.72% | View data |
| 7 | 7 Slovakia | 3.78 | 2023 | -4.75% | -21.28% | View data |
| 8 | 8 Sweden | 2.14 | 2023 | -10.59% | -8.14% | View data |
| 9 | 9 Estonia | 1.28 | 2023 | +6.7% | +0.45% | View data |
| 10 | 10 Austria | 1.17 | 2023 | -29.28% | -21.42% | View data |
