The global climate change-related energy tax revenue data indicates diverse trends across countries in 2024. Mexico leads with the highest tax revenue, while tropical and strategic transition economies like Barbados, Paraguay, and Egypt are close contenders.
Countries like Equatorial Guinea, Senegal, Singapore, and Belize showed significant positive changes year-over-year, indicating efforts towards environmental taxation. Conversely, nations such as Niger, Chad, Mali, Ghana, and El Salvador experienced substantial declines.
Over the last five years, the compound annual growth rate highlights dynamic shifts in policy and economic structures globally. It is crucial to watch how countries adapt to environmental regulations as they transform energy landscapes.
Future trends to watch include the impact of international agreements on carbon pricing, the balance between sustainable practices and economic growth, and the evolution of energy sectors in developing economies, which might drive diverse taxation strategies.
Top countries in Climate Change-Related Energy Tax Revenue by Country
| # | 10 Countries | Percent of Environmental Tax Revenue | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 100.58 | 2023 | +0.35% | View data | |
| 2 | 2 Barbados | 100 | 2021 | 0% | View data | |
| 3 | 3 Burkina Faso | 99.38 | 2023 | +0.18% | +0.22% | View data |
| 4 | 4 Bolivia | 98.78 | 2021 | +0.45% | +0.44% | View data |
| 5 | 5 Togo | 96.07 | 2023 | -0.17% | -0.37% | View data |
| 6 | 6 Eswatini (Swaziland) | 95.25 | 2023 | |||
| 7 | 7 Paraguay | 93.84 | 2023 | -0.12% | +0.06% | View data |
| 8 | 8 Egypt | 89.71 | 2023 | +1.04% | -0.52% | View data |
| 9 | 9 Estonia | 88.73 | 2023 | -0.44% | +0.25% | View data |
| 10 | 10 Bulgaria | 87.78 | 2023 | -0.1% | +0.42% | View data |
