The European Environmentally Related Tax Revenue from Taxes on Energy in Employment Activities varies significantly among countries in 2023, with France leading at $32.07 million USD, while Slovenia is at the lower end with $0.015 million USD. Recent trends indicate that Romania experienced a remarkable increase of 29.93%, while Italy faced a substantial decline of 27.15%. Notable moderate changes include a rise in the Czech Republic by 2.83%, and a decrease in Denmark by 5.93%. Some countries like Norway and Austria saw decreases of 9.45% and 8.22%, respectively, reflecting regional economic and policy influences.
Future trends to watch for in the sector include:
- The impact of shifting European Union regulatory frameworks and incentives towards renewable energy and carbon neutrality.
- Potential increases in tax revenues in countries investing in green technology, offsetting declines in traditional energy-related tax streams.
- Economic recovery patterns post-pandemic and their influence on energy consumption and environmental taxation strategies.
- Continued focus on carbon pricing mechanisms, potentially leading to new tax structures and revenue streams across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Employment Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 32.07 | 2023 | +3.34% | +0.058% | View data |
| 2 | 2 Netherlands | 18.46 | 2023 | +4.47% | -0.43% | View data |
| 3 | 3 Italy | 8.43 | 2023 | -16.74% | -27.15% | View data |
| 4 | 4 Switzerland | 5.94 | 2023 | -0.55% | -2.41% | View data |
| 5 | 5 Norway | 5.81 | 2023 | -0.26% | -9.45% | View data |
| 6 | 6 United Kingdom | 5.62 | 2023 | +1.44% | +1.37% | View data |
| 7 | 7 Poland | 4.41 | 2023 | +1% | +0.05% | View data |
| 8 | 8 Belgium | 3.65 | 2023 | +1.29% | +0.15% | View data |
| 9 | 9 Czech Republic | 2.97 | 2023 | +3.71% | +2.83% | View data |
| 10 | 10 Sweden | 2.72 | 2023 | -0.98% | -1.81% | View data |