The 2023 data reveals that Poland leads in the European environmentally related tax revenue from taxes on energy in the manufacturing of basic metals, followed by Italy and Germany. Steady growth is observed in Poland (12.19%), Germany (7.52%), and Romania (8.46%). Conversely, France and Spain exhibit declines of -2.83% and -2.48%, respectively. Notably, Iceland experienced significant growth at 175.36%. The five-year CAGR shows variations with growth in Hungary (20.54%) and a notable decline in Finland (-8.47%).
Future trends to watch involve the impact of evolving European energy policies on tax regimes. Increased emphasis on renewable energy could affect tax income, particularly in countries relying heavily on energy taxes from non-renewables. Monitoring the ongoing economic and policy shifts will be crucial in anticipating future tax revenue trends.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Basic Metals Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 16.7 | 2023 | +4.94% | +12.19% | View data |
| 2 | 2 Italy | 16.42 | 2023 | +0.48% | +0.3% | View data |
| 3 | 3 Germany | 14.43 | 2023 | +2.77% | +7.52% | View data |
| 4 | 4 Romania | 14.03 | 2023 | +3.53% | +8.46% | View data |
| 5 | 5 France | 7.77 | 2023 | +0.6% | -2.83% | View data |
| 6 | 6 Spain | 7.06 | 2023 | +0.45% | -2.48% | View data |
| 7 | 7 Austria | 5.01 | 2023 | +3.21% | +6.82% | View data |
| 8 | 8 Greece | 4.9 | 2023 | +2.3% | +3.02% | View data |
| 9 | 9 Belgium | 4.45 | 2023 | +2.91% | +3.06% | View data |
| 10 | 10 Sweden | 3.01 | 2023 | +4.64% | +8.41% | View data |
