In 2023, Italy led European environmentally related tax revenue from energy in professional, scientific, and technical activities with a revenue of 952.48 million USD, closely followed by the Netherlands. Year-on-year data indicate that Slovakia experienced significant growth of 27.91%, while Denmark saw a notable decline of 9.75%. Remarkably, Ireland showed a 4.53% increase, contrasting Sweden's 2.1% and Poland's 2.55% decreases. Over five years, expect Croatia and Iceland to face challenges due to declining trends.
Future trends suggest an increasing shift towards renewable energy and tax policy modifications to support green innovations. Monitoring legislative changes and investment in sustainable technologies is crucial for understanding future tax revenue shifts.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Professional, Scientific and Technical Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 952.48 | 2023 | +1.07% | +0.63% | View data |
| 2 | 2 Netherlands | 317.63 | 2023 | +1.7% | +1.55% | View data |
| 3 | 3 Sweden | 129.49 | 2023 | -1.37% | -2.1% | View data |
| 4 | 4 Switzerland | 96.09 | 2023 | +0.94% | -0.5% | View data |
| 5 | 5 Ireland | 82.86 | 2023 | +3.01% | +4.53% | View data |
| 6 | 6 Poland | 63.97 | 2023 | -0.077% | -2.55% | View data |
| 7 | 7 Slovakia | 59.21 | 2023 | +4.7% | +27.91% | View data |
| 8 | 8 Czech Republic | 40.91 | 2023 | -1.29% | -2.46% | View data |
| 9 | 9 Greece | 39.67 | 2023 | -2.54% | -2.52% | View data |
| 10 | 10 Portugal | 37.1 | 2023 | -0.48% | -2.21% | View data |
