In 2023, Italy stands out with the highest environmentally related tax revenue from energy taxes in manufacturing in Europe, amounting to 8.31 billion USD PPP. Poland and Romania follow, with 6.18 and 5.22 billion USD PPP respectively. Significant growth over the past year includes increases in Iceland and Poland at 10% and 9.72%, indicating dynamic shifts. Conversely, Ireland experienced a decline of 2.35%, hinting at decreasing energy tax revenues in manufacturing. Belgium, Slovenia, and Malta show modest growth. Over the past five years, Poland has achieved notable annual compound growth, reflecting consistent policy influences aimed at greening manufacturing.
Future trends to watch include a potential rise in green tax revenues driven by European Union policies on carbon emissions and energy transformation. The focus on sustainability and energy efficiency advancements in manufacturing sectors is expected to influence tax revenue growth patterns, especially in countries making strides toward green energy adoption.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,310 | 2023 | +1.53% | +1.63% | View data |
| 2 | 2 Poland | 6,180 | 2023 | +4.01% | +9.72% | View data |
| 3 | 3 Romania | 5,220 | 2023 | +2.54% | +5.16% | View data |
| 4 | 4 United Kingdom | 3,720 | 2023 | +1.34% | +1.1% | View data |
| 5 | 5 Belgium | 1,380 | 2023 | +1.94% | +2.64% | View data |
| 6 | 6 Netherlands | 1,260 | 2023 | +1.67% | +1.32% | View data |
| 7 | 7 Serbia | 862.23 | 2023 | +3.22% | +1.85% | View data |
| 8 | 8 Greece | 851.2 | 2023 | +1.31% | +1.06% | View data |
| 9 | 9 Finland | 838.06 | 2023 | +1.95% | +0.57% | View data |
| 10 | 10 Portugal | 610.77 | 2023 | +3.11% | +1.7% | View data |
