The analysis of Global Climate Change-Related Energy Tax Revenue highlights significant variations across countries. In 2023, Slovenia topped the list with 3.39% of GDP, while the Ivory Coast recorded the lowest at 0.00076%. Notable year-on-year growth is observed in countries like Barbados (8.34%) and Antigua and Barbuda (6.96%), while sharp declines were seen in the Democratic Republic of the Congo (-22.16%) and Canada (-4.1%). Over five years, revenue growth has been volatile, with geopolitical and economic factors influencing tax policy changes.
Future trends suggest increased global emphasis on sustainable energy sources and carbon pricing mechanisms. As countries commit to net-zero targets, we anticipate shifts in tax structures to promote cleaner energy, with potential growth in regions currently having lower energy tax revenues. Monitoring innovation in renewable energy technology and international policy agreements will be critical for understanding future dynamics in energy tax revenue.
Top countries in Climate Change-Related Energy Tax Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 3.39 | 2023 | +2.73% | +0.54% | View data |
| 2 | 2 Guyana | 2.9 | 2023 | +11.97% | +1.82% | View data |
| 3 | 3 Greece | 2.56 | 2023 | -3.4% | -2.99% | View data |
| 4 | 4 South Africa | 2.51 | 2023 | 0% | -0.24% | View data |
| 5 | 5 Croatia | 2.5 | 2023 | +0.4% | -1.6% | View data |
| 6 | 6 Italy | 2.36 | 2023 | 0% | -2.36% | View data |
| 7 | 7 Honduras | 2.3 | 2023 | +2.22% | +0.26% | View data |
| 8 | 8 Poland | 2.25 | 2023 | +0.45% | -0.18% | View data |
| 9 | 9 Eswatini (Swaziland) | 2.11 | 2023 | |||
| 10 | 10 Netherlands | 1.87 | 2023 | 0% | 0% | View data |
