Forecast: Tax Expenditure on End-Use Electricity for Transportation in Germany

The forecasted tax expenditure on end-use electricity for transportation in Germany shows a consistent decrease from 2024 to 2028. Starting at $55.04 million USD in 2024, the expenditure declines steadily each year, reducing to $42.07 million USD by 2028. This decline reflects a year-on-year reduction rate of approximately 6.54% for 2025, 6.29% for 2026, 6.67% for 2027, and 7.12% for 2028. Over this five-year span, the compound annual growth rate (CAGR) is about -6.66%. In 2023, the figure stood at $58.37 million USD.

Future trends to watch for include:

  • Technological advancements that may impact energy efficiency in transportation.
  • Changes in government policy regarding renewable energy subsidies or tax schemes.
  • The broader economic environment affecting investments in electric transport infrastructure.

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