The European environmentally related tax revenue from taxes on energy in manufacturing electrical equipment shows varying trends across countries. In 2023, France led with the highest revenue of $76.29 million, exhibiting a slight increase of 0.59%. Poland and the UK, however, saw declines, with reductions of 2.64% and 1.99%, respectively. Austria and the Czech Republic experienced minor fluctuations, whereas Greece showed growth at 1.28%. Norway and Bulgaria observed significant drops of 6.33% and 26.92%. Notably, Denmark encountered a substantial decrease of 11.53%, and countries like Malta (up 3.38%) and Slovenia (up 3.93%) are witnessing growth.
Looking forward, key factors to watch include policy changes in environmental taxation and energy regulations due to ongoing climate commitments. The shift towards renewable energy sources and advancements in green technologies could further diversify revenue streams and potentially alter the current hierarchy among countries in environmentally related tax revenue.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Electrical Equipment by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 76.29 | 2023 | +3.07% | +0.0059% | View data |
| 2 | 2 Poland | 30.73 | 2023 | -0.061% | -2.64% | View data |
| 3 | 3 United Kingdom | 22.52 | 2023 | -2.34% | -1.99% | View data |
| 4 | 4 Austria | 18.96 | 2023 | +2.5% | -0.12% | View data |
| 5 | 5 Czech Republic | 14.21 | 2023 | +0.88% | +0.52% | View data |
| 6 | 6 Greece | 5.14 | 2023 | +0.17% | +1.28% | View data |
| 7 | 7 Denmark | 2.56 | 2023 | -8.6% | -11.53% | View data |
| 8 | 8 Portugal | 2.5 | 2023 | +0.29% | -2.05% | View data |
| 9 | 9 Estonia | 1.02 | 2023 | +10.86% | +1.98% | View data |
| 10 | 10 Latvia | 0.8 | 2023 | +4.38% | -1.74% | View data |