In 2023, Poland led Europe in energy tax revenue from financial and insurance activities, down 0.91% from the previous year. Germany and the Netherlands followed, with slight declines and growth, respectively. Notably, countries like Denmark, Slovakia, and Hungary saw substantial declines. Conversely, Portugal and Malta experienced significant increases, showcasing diverse trends across Europe. Over the past five years, the compound annual growth rate varied widely, reflecting differing national policies and economic conditions.
Future trends to watch include the increasing influence of EU green policies, potential tax reforms, and technological advancements that could alter energy consumption patterns. Additionally, the transition to renewable energy sources may impact tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Financial and Insurance Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 652.45 | 2023 | -0.65% | -0.91% | View data |
| 2 | 2 Germany | 222.67 | 2023 | -0.96% | -0.16% | View data |
| 3 | 3 Netherlands | 185.04 | 2023 | +2.64% | +0.81% | View data |
| 4 | 4 Belgium | 59.76 | 2023 | +0.46% | +0.4% | View data |
| 5 | 5 Finland | 39 | 2023 | +0.04% | +0.17% | View data |
| 6 | 6 Czech Republic | 38.67 | 2023 | +1.14% | +0.89% | View data |
| 7 | 7 Sweden | 31.15 | 2023 | -0.24% | -0.28% | View data |
| 8 | 8 Portugal | 25.1 | 2023 | +2.68% | +1.8% | View data |
| 9 | 9 Denmark | 20.94 | 2023 | +0.074% | -3.75% | View data |
| 10 | 10 Romania | 20.08 | 2023 | -0.013% | +0.37% | View data |
