The 2023 data shows Barbados leading in environmentally-related energy tax revenue, followed closely by Senegal and Honduras. Despite some negative growth rates, like in Trinidad and Tobago and Morocco, countries like the Philippines and Belize exhibited impressive positive variations. Over five years, a diverse global strategy emerges with developed countries, such as Germany and the UK, experiencing moderate annual fluctuations, whereas smaller economies are subject to more dramatic shifts.
Looking ahead, we anticipate that the move towards green energy and increased global environmental awareness will likely drive policies stabilizing and potentially increasing environmentally-related energy tax revenues, especially in emerging economies making strides towards sustainability.
Top countries in Environmentally-Related Energy Tax Revenue by Country
| # | 10 Countries | Percent of Environmental Tax Revenue | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Barbados | 100 | 2021 | 0% | View data | |
| 2 | 2 Senegal | 99.71 | 2023 | -0.03% | +2.56% | View data |
| 3 | 3 Honduras | 99.46 | 2023 | -0.01% | +0.028% | View data |
| 4 | 4 Burkina Faso | 99.38 | 2023 | +0.18% | +0.22% | View data |
| 5 | 5 Bolivia | 98.78 | 2021 | +0.45% | +0.44% | View data |
| 6 | 6 Togo | 96.07 | 2023 | -0.17% | -0.37% | View data |
| 7 | 7 Eswatini (Swaziland) | 95.25 | 2023 | |||
| 8 | 8 Peru | 94.31 | 2023 | +0.38% | +0.7% | View data |
| 9 | 9 Paraguay | 93.84 | 2023 | -0.12% | +0.06% | View data |
| 10 | 10 Romania | 92.01 | 2023 | -0.022% | -0.25% | View data |
