In 2023, Sweden held the highest revenue from taxes on energy in the forestry and logging sector at 22.81 million US Dollars PPP (2015), though experiencing a slight decline of 5.2% from the previous year. Latvia and Estonia showed notable growth, increasing by 6.25% and 6.73% respectively. Germany and Italy also witnessed growth, at 2.64% and 2.71%. Conversely, Slovakia and Spain faced significant downturns with Slovakia decreasing by 18.88% and Spain by 5.58%. Over the past five years, Slovenia has shown a strong CAGR, reflecting a positive trend in its tax revenue.
Looking forward, the focus will be on how renewable energy adaptation influences tax structures and revenues in this sector. Tracking the policy changes in the top-performing countries and observing the recovery strategies in countries with declining trends will be essential in predicting future revenue fluctuations and growth. Additionally, environmental prioritization and technological advancements could drive significant shifts in the tax dynamics across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Forestry and Logging Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 22.81 | 2023 | -0.1% | -0.052% | View data |
| 2 | 2 Germany | 13.72 | 2023 | +2.44% | +2.64% | View data |
| 3 | 3 Latvia | 10.64 | 2023 | +5.5% | +6.25% | View data |
| 4 | 4 France | 9.52 | 2023 | +3.83% | +0.71% | View data |
| 5 | 5 Poland | 6.5 | 2023 | +1.58% | +0.98% | View data |
| 6 | 6 Italy | 5 | 2023 | +1.77% | +2.71% | View data |
| 7 | 7 Estonia | 4.75 | 2023 | +14.15% | +6.73% | View data |
| 8 | 8 Czech Republic | 4.17 | 2023 | -3.85% | -2.25% | View data |
| 9 | 9 Finland | 3.99 | 2023 | -2.7% | -3.64% | View data |
| 10 | 10 Serbia | 3.97 | 2023 | +4.02% | +2.29% | View data |
