The analysis of European Environmentally Related Tax Revenue from taxes on energy in the repair and installation of machinery and equipment reveals diverse trends by country as of 2023. France leads with revenue of 144.28 million USD PPP, reflecting a year-on-year increase of 1.68%. The Czech Republic shows robust growth at 2.84%, while Portugal and Malta also demonstrate notable increases at 3.06% and 3.02%, respectively. Poland and Switzerland experienced declines, with the former dropping by 4.32% and the latter by 2.47%. Other countries depict moderate gains with minor variations around 2023 levels.
Future trends to watch for include:
- Continued growth in tax revenues from sustainable energy sectors, driven by EU environmental policies and green energy initiatives.
- Potential increases in tax incentives for energy efficiency in industrial processes, encouraging shifts towards sustainable practices.
- Monitoring the impact of economic fluctuations and geopolitical factors on tax revenue dynamics, particularly in countries with weaker fiscal positions.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 144.28 | 2023 | +6.1% | +1.68% | View data |
| 2 | 2 Czech Republic | 42.98 | 2023 | +2.12% | +2.84% | View data |
| 3 | 3 Poland | 24.65 | 2023 | -2.06% | -4.32% | View data |
| 4 | 4 Spain | 22.2 | 2023 | +2.97% | +0.38% | View data |
| 5 | 5 Belgium | 21.77 | 2023 | +2.78% | +2.21% | View data |
| 6 | 6 Portugal | 15.78 | 2023 | +5.96% | +3.06% | View data |
| 7 | 7 Sweden | 14.97 | 2023 | +0.11% | +0.12% | View data |
| 8 | 8 Finland | 8.15 | 2023 | +5.08% | +4% | View data |
| 9 | 9 Ireland | 4.94 | 2023 | +3.42% | +0.053% | View data |
| 10 | 10 Switzerland | 4.8 | 2023 | -1.31% | -2.47% | View data |
