The European Environmentally Related Tax Revenue from Taxes on Energy in Accommodation and Food Service Activities shows diverse dynamics among countries. Italy leads with substantial increments, reflecting a significant share in the sector. Spain and the United Kingdom also showcase positive trends, while countries like Germany and France are experiencing modest growth. Noteworthy increments include the Netherlands and Greece, with impressive year-on-year growth percentages. Conversely, countries including Austria and Denmark are observing negative trends, signifying potential challenges. The Compound Annual Growth Rate (CAGR) over five years reveals a complex landscape with variations across regions.
Future trends to watch include the continued implementation of European green policies, which may impact tax revenues. Countries investing in green technologies in the accommodation and food service sector could see alterations in taxation dynamics. Monitoring how different energy policies affect these revenues will be crucial, especially for countries with negative trends like Austria and Denmark. Additionally, economic shifts and energy price fluctuations will significantly influence these revenues, shaping the trajectory of environmentally related taxes across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Accommodation and Food Service Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 35.15 | 2023 | +1.84% | +3.21% | View data |
| 2 | 2 Spain | 11.72 | 2023 | +9.27% | +0.84% | View data |
| 3 | 3 United Kingdom | 9.64 | 2023 | +1.73% | +1.82% | View data |
| 4 | 4 Germany | 8.59 | 2023 | +1.07% | +1.12% | View data |
| 5 | 5 Netherlands | 7.29 | 2023 | +10.98% | +3.95% | View data |
| 6 | 6 France | 6.52 | 2023 | +4% | +2.21% | View data |
| 7 | 7 Greece | 5.21 | 2023 | +3.06% | +3.85% | View data |
| 8 | 8 Poland | 2.81 | 2023 | +1.44% | -1.05% | View data |
| 9 | 9 Belgium | 2.69 | 2023 | +3.86% | +3.45% | View data |
| 10 | 10 Sweden | 1.75 | 2023 | +1.7% | +1.67% | View data |
