The global tax expenditure on natural gas for consumers varies significantly by country. In 2023, the United Kingdom led with the highest expenditure, though it showed a slight decline. China exhibited remarkable growth, highlighting a focus on energy policies. France and the United States experienced minor increases, while Germany faced a notable decrease. Switzerland and Mexico reported substantial percentage growth, signaling rising expenditure focus. Conversely, many other countries like Austria, Italy, and Sweden showed declines.
Future trends to watch include China's continued upward trajectory in expenditure, driven by its energy demands. Additionally, political and environmental policies may impact countries with declining trends such as Germany and Sweden, possibly realigning their tax structures for natural gas consumption.
Top countries in Tax Expenditure on Natural Gas for Consumers Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 40.9 | 2023 | -3.16% | -2.91% | View data |
| 2 | 2 China | 19.63 | 2023 | +22.78% | +20.74% | View data |
| 3 | 3 France | 12.35 | 2023 | +4.83% | +2.43% | View data |
| 4 | 4 United States | 8.7 | 2023 | +3.6% | +1.87% | View data |
| 5 | 5 Germany | 6.56 | 2023 | -7.47% | -6.31% | View data |
| 6 | 6 Switzerland | 3.03 | 2023 | +6.68% | +8.11% | View data |
| 7 | 7 Austria | 2.01 | 2023 | -1% | -3.18% | View data |
| 8 | 8 Czech Republic | 1.05 | 2023 | +1.19% | +1.51% | View data |
| 9 | 9 Hungary | 1.02 | 2023 | +2.18% | -2.63% | View data |
| 10 | 10 Mexico | 0.76 | 2023 | +17.21% | +266.5% | View data |
