In 2024, the United Kingdom and Germany lead Europe's environmentally related tax revenue from energy in construction, with values of $1.68 billion and $1.66 billion respectively. Italy, Spain, and Norway display varied changes: Italy at a decline of 0.95%, but Spain surging by 2.62%. France's significant revenue decrease by 4.54% indicates economic challenges, contrasting with Romania's 4.83% increase. Smaller economies like Estonia and Serbia experience robust growth, while Greece's revenue plunges by 17.8%, reflecting severe constraints or policy shifts.
Future trends to watch include the sustainability push potentially tempering energy-related tax revenues. Enhanced regulations or incentives for renewable energy consumption may impact future figures, driving shifts in the alignment of tax strategies and construction’s energy footprint across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Construction by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,680 | 2023 | +0.75% | +0.25% | View data |
| 2 | 2 Germany | 1,660 | 2023 | -0.96% | -1.6% | View data |
| 3 | 3 Italy | 1,440 | 2023 | -0.63% | -0.95% | View data |
| 4 | 4 France | 951.12 | 2023 | +0.58% | -4.54% | View data |
| 5 | 5 Norway | 512.08 | 2023 | +1.05% | -0.87% | View data |
| 6 | 6 Spain | 510.52 | 2023 | +1.72% | +2.62% | View data |
| 7 | 7 Sweden | 425.68 | 2023 | -0.92% | -1.59% | View data |
| 8 | 8 Belgium | 381.69 | 2023 | -0.015% | -1.24% | View data |
| 9 | 9 Switzerland | 301.94 | 2023 | +0.58% | +0.36% | View data |
| 10 | 10 Denmark | 297.01 | 2023 | +1.13% | -0.51% | View data |
