In 2023, France was the leading contributor to European environmentally related tax revenue from energy taxes in creative and cultural activities, with a value of 33.22 million USD. Italy and the Netherlands followed, while the United Kingdom showed positive growth, with an increase of 1.87% from the previous year. Sweden and Norway experienced declines, reflecting shifts in both energy use and cultural policy emphasis. Slovakia showed the steepest year-on-year decline, down 8.24%, indicating a potential re-evaluation of its taxation strategies or economic conditions affecting the sector.
Looking ahead, countries with significant cultural sectors like France and Italy may continue to capitalize on environmentally driven energy taxes, integrating green initiatives into cultural outreach. Meanwhile, emerging markets like Hungary, which saw a significant increase of 4.55%, could signal a broader trend of adopting such taxes to fund cultural activities sustainably. Monitoring regulatory changes and technological advancements in cultural venues could offer insight into evolving patterns of environmentally related tax revenue.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Creative, Arts and Entertainment Activities; Libraries, Archives, Museums and Other Cultural Activities; Gambling and Betting Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 33.22 | 2023 | +2.69% | +1.01% | View data |
| 2 | 2 Italy | 22.58 | 2023 | -0.046% | -3.03% | View data |
| 3 | 3 Netherlands | 16.45 | 2023 | +10.38% | +2.71% | View data |
| 4 | 4 United Kingdom | 12.63 | 2023 | +2.13% | +1.87% | View data |
| 5 | 5 Sweden | 3.03 | 2023 | +0.52% | -0.5% | View data |
| 6 | 6 Austria | 2.62 | 2023 | +2.42% | +1.02% | View data |
| 7 | 7 Greece | 2.3 | 2023 | +1.79% | +0.4% | View data |
| 8 | 8 Belgium | 2.04 | 2023 | +1.83% | +0.83% | View data |
| 9 | 9 Norway | 1.51 | 2023 | +1.55% | -1.57% | View data |
| 10 | 10 Switzerland | 1.13 | 2023 | +2.54% | +1.96% | View data |
