The analysis of global tax expenditure on coal for consumers by country in 2023 reveals significant disparities. Germany led with $1.57 billion, while the United Kingdom and Finland followed with $0.84 billion and $0.38 billion, respectively. The United States and other European nations, such as Portugal and the Netherlands, exhibited moderate expenditures. Smaller economies like Brazil, Mexico, and Ireland showed minimal figures. Year-on-year variation highlights important trends, with notable increases in Mexico and Netherlands, while declines were marked in Germany, Greece, and Brazil, indicating shifting energy policies and consumption patterns.
Looking ahead, countries may alter coal tax expenditures influenced by global energy transitions, climate policies, and technological advancements. Watch for policies encouraging renewable energy, which could further decrease coal-related expenditures, particularly in European and North American regions.
Top countries in Tax Expenditure on Coal for Consumers by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,570 | 2023 | -6.72% | -9.18% | View data |
| 2 | 2 United Kingdom | 836.12 | 2023 | +7.39% | +2.66% | View data |
| 3 | 3 Finland | 375.91 | 2023 | +4.15% | +0.72% | View data |
| 4 | 4 Portugal | 267.22 | 2023 | +8.89% | +9.85% | View data |
| 5 | 5 United States | 233.94 | 2023 | +0.31% | -0.67% | View data |
| 6 | 6 Netherlands | 189.68 | 2023 | +7.99% | +12.53% | View data |
| 7 | 7 Greece | 109.46 | 2023 | -13.36% | -11.5% | View data |
| 8 | 8 Slovakia | 89.77 | 2023 | +3.94% | +0.7% | View data |
| 9 | 9 Brazil | 47.06 | 2023 | +1.56% | -13.01% | View data |
| 10 | 10 Switzerland | 40.58 | 2023 | +5.34% | +10.69% | View data |
