In 2023, the United Kingdom led European countries with a tax revenue of $9.77 billion from environmentally related taxes in electricity, gas, steam, and air conditioning supply. France followed at $8.28 billion with significant growth over previous years, while Spain experienced a 6.61% increase. Italy and Sweden saw declines in their revenues with -0.38% and -6.35% respectively. Smaller nations such as Bulgaria and Poland saw substantial increases, at 9.07% and 9.11% respectively.
Future trends to monitor include:
- The impact of regulatory changes on tax revenue from environmental taxes.
- The shift towards renewable energy sources and its influence on tax policies.
- Potential economic fluctuations affecting energy consumption and associated tax revenues.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Electricity, Gas, Steam and Air Conditioning Supply by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 9,770 | 2023 | +4.29% | +4.61% | View data |
| 2 | 2 France | 8,280 | 2023 | +4.97% | +5.47% | View data |
| 3 | 3 Spain | 2,330 | 2023 | +5.94% | +6.61% | View data |
| 4 | 4 Italy | 1,410 | 2023 | +3.77% | -0.38% | View data |
| 5 | 5 Romania | 1,130 | 2023 | +2.31% | +3.01% | View data |
| 6 | 6 Finland | 682.03 | 2023 | +3.02% | +5.23% | View data |
| 7 | 7 Belgium | 608.4 | 2023 | +4.69% | +7.98% | View data |
| 8 | 8 Bulgaria | 570.02 | 2023 | +6.01% | +9.07% | View data |
| 9 | 9 Netherlands | 413.52 | 2023 | +5.13% | +13.49% | View data |
| 10 | 10 Poland | 343.29 | 2023 | +4.14% | +9.11% | View data |
