In 2024, Germany led with the highest tax expenditure on coal at $1.65 billion, while Lithuania had the lowest at $0.00172 billion. From 2022 to 2023, notable increases occurred in countries like Mexico (212.26%) and the Netherlands (12.11%). Decreases were significant in Sweden (-44.86%) and South Korea (-11.92%). Over the past five years, diverse growth patterns were noted, with some nations reducing coal reliance and thus tax expenditure, and others seeing increase likely due to inflation or energy reliance shifts.
Future trends to watch include potential policy changes impacting coal usage and taxation as countries move towards renewable energy sources, impacting global tax expenditure allocations. Additionally, economic developments and technological advancements could alter coal demand and taxation policies significantly.
Top countries in Tax Expenditure on Coal for Consumers by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,650 | 2023 | -6.54% | -8.36% | View data |
| 2 | 2 United Kingdom | 890.8 | 2023 | +9.04% | +3.23% | View data |
| 3 | 3 Finland | 398.07 | 2023 | +7.5% | +1.93% | View data |
| 4 | 4 France | 366.54 | 2023 | +7.91% | +4.35% | View data |
| 5 | 5 Portugal | 279.46 | 2023 | +8.98% | +10.59% | View data |
| 6 | 6 United States | 233.83 | 2023 | -0.22% | -1.27% | View data |
| 7 | 7 Netherlands | 189.74 | 2023 | +8% | +12.11% | View data |
| 8 | 8 Greece | 141.58 | 2023 | -4.16% | -5.96% | View data |
| 9 | 9 Slovakia | 94.81 | 2023 | +4.92% | +1.5% | View data |
| 10 | 10 Switzerland | 44.39 | 2023 | +7.39% | +11.92% | View data |
