In 2023, Italy led the EU with $477.87 million in environmentally related tax revenue from energy taxes in water, followed by the UK at $163.96 million. Ireland showed remarkable year-on-year growth at 25.09%, while the Netherlands experienced the most significant decline at -5.57%. High-ranking countries like Italy and the UK had minimal increases, indicating mature markets. In contrast, Slovenia exhibited the highest growth rate at 65.38%, signifying rapid development in green fiscal policies.
Future trends to watch include further shifts toward renewable energy sources influencing tax structures, as well as policies targeting water conservation. Eastern European countries may increase tax revenue as they strengthen environmental regulations.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Water Collection, Treatment and Supply by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 477.87 | 2023 | +1.58% | +0.083% | View data |
| 2 | 2 United Kingdom | 163.96 | 2023 | +1.78% | +1.14% | View data |
| 3 | 3 Germany | 93.53 | 2023 | -1.17% | -1.45% | View data |
| 4 | 4 France | 92.49 | 2023 | +3.09% | +0.042% | View data |
| 5 | 5 Spain | 89.45 | 2023 | +1.42% | +1.79% | View data |
| 6 | 6 Ireland | 73.65 | 2023 | +17.68% | +25.09% | View data |
| 7 | 7 Greece | 29.9 | 2023 | +1.24% | +1.34% | View data |
| 8 | 8 Czech Republic | 18.12 | 2023 | +1.69% | +2.04% | View data |
| 9 | 9 Sweden | 14.75 | 2023 | +4.65% | +4.12% | View data |
| 10 | 10 Belgium | 13.61 | 2023 | +2.42% | +1.56% | View data |
