The data indicates diverse trends in global tax expenditure on natural gas for consumers across countries as of 2024. The United Kingdom stands highest with $3.82 billion, whereas Armenia has the lowest at $0.00204 billion. China exhibits significant growth with a 20.74% increase in 2023, while Mexico shows remarkable escalation at 266.5%. Meanwhile, Germany and Finland show a downward trend, with decreases of 6.31% and 6.25%, respectively.
Future trends to watch for include China's continued growth potentially leading to leadership shifts in consumption and expenditure rankings. Additionally, Mexico's dramatic rise indicates potential market shifts that warrant close attention. Economic recovery, geopolitical scenarios, and green energy policies can impact these forecasts significantly, affecting global strategies on natural gas consumption and taxation.
Top countries in Tax Expenditure on Natural Gas for Consumers by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 3,820 | 2023 | -3.16% | -2.91% | View data |
| 2 | 2 China | 1,840 | 2023 | +22.78% | +20.74% | View data |
| 3 | 3 France | 1,150 | 2023 | +4.83% | +2.43% | View data |
| 4 | 4 United States | 813.12 | 2023 | +3.6% | +1.87% | View data |
| 5 | 5 Germany | 613.33 | 2023 | -7.47% | -6.31% | View data |
| 6 | 6 Switzerland | 283.11 | 2023 | +6.68% | +8.11% | View data |
| 7 | 7 Austria | 187.86 | 2023 | -1% | -3.18% | View data |
| 8 | 8 Czech Republic | 98.39 | 2023 | +1.19% | +1.51% | View data |
| 9 | 9 Hungary | 95.37 | 2023 | +2.18% | -2.63% | View data |
| 10 | 10 Mexico | 70.94 | 2023 | +17.21% | +266.5% | View data |
