In 2023, France led European countries in environmentally related tax revenue from energy used in publishing, at 74.68 million USD. Italy and Ireland showed significant increases in revenue, with 32.4% and 11.42% rises respectively. In contrast, Germany and the United Kingdom experienced declines of 6.22% and 1.0%. Denmark, Finland, and Hungary faced notably high decreases, each over 14%. Bulgaria encountered a substantial decline of 42.89%, attributed to broader economic shifts. Forecasting indicates a potential increase in the importance of this revenue stream, as countries emphasize green taxation policies amidst ongoing sustainable development goals.
Future trends to monitor include:
- Intensified focus on environmental taxation strategies across Europe.
- Growth in countries currently exhibiting low revenues, driven by policy modifications.
- Potential impacts of expanding digital publishing on tax revenues from traditional energy-intensive publishing.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Publishing Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 74.68 | 2023 | +2.33% | -0.31% | View data |
| 2 | 2 Italy | 52.33 | 2023 | +5.07% | +32.4% | View data |
| 3 | 3 Ireland | 47.11 | 2023 | +11.35% | +11.42% | View data |
| 4 | 4 Germany | 42.68 | 2023 | -7.67% | -6.22% | View data |
| 5 | 5 United Kingdom | 17.86 | 2023 | -0.94% | -1% | View data |
| 6 | 6 Belgium | 10.28 | 2023 | +2.47% | +1.23% | View data |
| 7 | 7 Sweden | 6.32 | 2023 | -1.8% | -2.76% | View data |
| 8 | 8 Netherlands | 5.68 | 2023 | +1.49% | -0.77% | View data |
| 9 | 9 Slovakia | 3.71 | 2023 | +4.25% | +33.78% | View data |
| 10 | 10 Switzerland | 3.49 | 2023 | -0.69% | -1.76% | View data |