The analysis of European Environmentally Related Tax Revenue from taxes on energy in electricity, gas, steam, and air conditioning supply reveals varied performance in 2023. The United Kingdom leads with the highest revenue at $10.21 billion, maintaining a moderate growth rate of 5.25%. Germany and Spain demonstrate robust growth, with revenues at $2.19 billion and $1.68 billion, growing at 6.2% and 6.45%, respectively. Notably, Estonia experienced the highest growth at 31.7%. In contrast, countries like Sweden and Slovakia showed declines, highlighting a disparity in tax revenue changes across Europe.
Looking ahead, countries such as Germany and Spain may continue to see strong growth due to their robust renewable energy frameworks. Meanwhile, countries with declining trends, such as Sweden and Slovakia, might seek policy adjustments to stabilize revenues. A key issue to watch is the integration of more sustainable energy policies, potentially reshaping tax landscapes. Other factors, such as emerging technologies and legislative changes, will also influence future tax revenue trends in the region.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Electricity, Gas, Steam and Air Conditioning Supply by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 10,210 | 2023 | +4.47% | +5.25% | View data |
| 2 | 2 Germany | 2,190 | 2023 | +0.7% | +6.2% | View data |
| 3 | 3 Spain | 1,680 | 2023 | +6.24% | +6.45% | View data |
| 4 | 4 Italy | 1,620 | 2023 | +4.1% | +0.64% | View data |
| 5 | 5 Czech Republic | 1,230 | 2023 | +5.14% | +16.32% | View data |
| 6 | 6 Bulgaria | 1,220 | 2023 | +5.98% | +9.15% | View data |
| 7 | 7 Greece | 1,170 | 2023 | +2.65% | +3.18% | View data |
| 8 | 8 Poland | 656.4 | 2023 | +4.46% | +10.49% | View data |
| 9 | 9 Belgium | 558.27 | 2023 | +4.97% | +9.79% | View data |
| 10 | 10 Estonia | 320.59 | 2023 | +15.62% | +31.7% | View data |
