The revenue from energy-related taxes in the European legal, accounting, and management consultancy activities reveals distinct variations among countries. In 2023, Italy led with substantial growth of 8.34%, contributing significantly to environmentally related tax revenue. Slovakia saw a notable increase of 43.24%, while the Netherlands experienced modest growth at 1.79%. Sweden and Norway had slight declines, with variations of -1.24% and -0.83%, respectively. A significant decline was noted in Hungary and Austria, with reductions of -6.49% and -22.53%. Amidst the minor fluctuations, Slovenia stood out with an increase of 15.82%, signaling potential for higher revenue from these taxes.
Future trends to watch include the potential impact of increased European green policies and incentives toward sustainable practices. As energy efficiency and decarbonization strategies gain traction, tax revenue from energy in these sectors might shift. Countries currently showcasing moderate to high increases could benefit further, contingent on policy adaptation and industry alignment with environmental goals.
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 PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.08 | 2023 | +2.54% | +8.34% | View data |
| 2 | 2 Netherlands | 17.37 | 2023 | +1.08% | +1.79% | View data |
| 3 | 3 Slovakia | 7.33 | 2023 | +5.78% | +43.24% | View data |
| 4 | 4 Sweden | 5.27 | 2023 | -1.52% | -1.24% | View data |
| 5 | 5 Greece | 3.15 | 2023 | +0.77% | +1.17% | View data |
| 6 | 6 Poland | 3.03 | 2023 | -0.36% | -3.14% | View data |
| 7 | 7 Portugal | 2.64 | 2023 | +4.57% | +1.1% | View data |
| 8 | 8 Romania | 0.75 | 2023 | +2.8% | +1.6% | View data |
| 9 | 9 Norway | 0.56 | 2023 | +1.18% | -0.83% | View data |
| 10 | 10 Serbia | 0.45 | 2023 | +4.35% | +3.78% | View data |
