In 2023, Sweden led Europe in environmentally related tax revenue from energy in forestry and logging, with significant declines in Finland and Norway suggesting challenges related to energy policy or industry shifts. France showed modest growth, while Belgium and Estonia reported notable increases. The Netherlands and Slovenia also showed healthy growth rates, indicating sector expansion or effective tax policies. Slovakia faced a sharp decline, possibly due to significant policy or economic changes. The trend is varied across countries, with a mixture of small increases and declines, and a few experiencing substantial growth or decline, averaging mixed rates over the recent five years.
Future trends to watch include potential policy shifts towards greener energy solutions impacting tax revenue structures, and variable economic conditions influencing forestry and logging industries. Potential for increased harmonization of taxation policies across Europe could also affect revenue distribution among countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Forestry and Logging by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 168.2 | 2023 | -1.39% | -2.01% | View data |
| 2 | 2 France | 69.03 | 2023 | +3.33% | +0.48% | View data |
| 3 | 3 Belgium | 50.51 | 2023 | +5.23% | +3.96% | View data |
| 4 | 4 Finland | 31.01 | 2023 | -3.48% | -4.91% | View data |
| 5 | 5 Poland | 24.07 | 2023 | +1.57% | +0.44% | View data |
| 6 | 6 Estonia | 23.64 | 2023 | +13.98% | +5.55% | View data |
| 7 | 7 Czech Republic | 20.03 | 2023 | -2.87% | -1.86% | View data |
| 8 | 8 Hungary | 14.99 | 2023 | +3.33% | +1.23% | View data |
| 9 | 9 Serbia | 12.6 | 2023 | +4.08% | +1.75% | View data |
| 10 | 10 Denmark | 11.45 | 2023 | +2.75% | +1.86% | View data |
