In 2023, France led European environmentally related tax revenue from energy taxes within legal, accounting, and management consultancy activities with a substantial $40 million. Germany followed with $26.13 million, while Belgium reached $11.6 million. Notably, Slovakia exhibited impressive growth with a 42.25% increase, contrasting sharp declines in Iceland (-11.14%) and Croatia (-4.69%). Regionally, Southern Europe, with countries like Spain and Portugal, generally faced declines, whereas Eastern European countries such as Slovenia and Slovakia showed robust increases.
As we move into 2024, key trends to monitor include the potential for sustained increases in Eastern Europe given regulatory shifts towards sustainability, and the effectiveness of Western European nations in adapting energy taxation to enhance economic resilience. Increasing focus on energy efficiency and carbon reduction may spur further fiscal policies influencing tax revenues across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 40 | 2023 | +1.13% | -1.31% | View data |
| 2 | 2 Germany | 26.13 | 2023 | +1.11% | +0.74% | View data |
| 3 | 3 Belgium | 11.6 | 2023 | +2.52% | +1.34% | View data |
| 4 | 4 Spain | 4.47 | 2023 | +1.23% | -3.67% | View data |
| 5 | 5 Sweden | 4.14 | 2023 | -3.27% | -3.52% | View data |
| 6 | 6 Switzerland | 3.52 | 2023 | +1.17% | -0.26% | View data |
| 7 | 7 Slovakia | 3.44 | 2023 | +5.67% | +42.25% | View data |
| 8 | 8 Greece | 1.66 | 2023 | -0.64% | -0.92% | View data |
| 9 | 9 Portugal | 1.43 | 2023 | +1.1% | -0.63% | View data |
| 10 | 10 Czech Republic | 1.33 | 2023 | +0.66% | -0.83% | View data |
