An analysis of Global Tax Expenditure on Natural Gas for Consumers Share by Country reveals notable disparities among countries, with the United Kingdom leading significantly. In 2023, China experienced a substantial increase of nearly 21%, setting a key growth trend, while Brazil saw a sharp decline of 10%. Mexico's rise by 277% is striking. Other countries like France and Switzerland gained moderately, contrasting with declines in Sweden and Armenia.
Future trends to watch include:
- China's continued growth and potential to overtake other countries.
- The impacts of Mexico's unprecedented rise in expenditure.
- Predictions of recovery in countries experiencing declines, influenced by global market dynamics and climate policy shifts.
Top countries in Tax Expenditure on Natural Gas for Consumers Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 42.17 | 2023 | -2.04% | -2.04% | View data |
| 2 | 2 China | 18.47 | 2023 | +22.49% | +20.94% | View data |
| 3 | 3 France | 12 | 2023 | +5.34% | +2.76% | View data |
| 4 | 4 United States | 8.24 | 2023 | +3.01% | +1.18% | View data |
| 5 | 5 Germany | 7.99 | 2023 | -2.25% | -1.63% | View data |
| 6 | 6 Brazil | 7.78 | 2023 | -8.85% | -10.01% | View data |
| 7 | 7 Switzerland | 2.99 | 2023 | +6.82% | +8.18% | View data |
| 8 | 8 Netherlands | 2.22 | 2023 | +5.48% | +3.25% | View data |
| 9 | 9 Austria | 2.09 | 2023 | -0.98% | -1.36% | View data |
| 10 | 10 Canada | 1.48 | 2023 | +0.99% | +1.04% | View data |
