In 2023, Greece leads European energy taxes as a percentage of GDP at 3.09%, reflecting a 0.73% increase from the prior year. Estonia and Bulgaria saw notable rises, 2.6% and 2.53% respectively, indicating strategic boosts. Conversely, Denmark and Latvia experienced declines, with reductions of 6.15% and 4.92% respectively, underlining significant regulatory or consumption shifts. Over the last five years, these shifts result in diverse compound annual growth rates (CAGRs), highlighting fluctuating fiscal policies and energy priorities across nations.
Looking ahead, factors such as energy efficiency initiatives, regulatory changes, and renewable energy investments are pivotal. Watch for potential policy harmonization within the EU, the impact of green recovery plans, and geopolitical influences on energy imports and taxes, as these will shape future revenue landscapes significantly.
Top countries in Energy Taxes Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 3.09 | 2023 | +0.98% | +0.73% | View data |
| 2 | 2 Slovenia | 2.74 | 2023 | +2.62% | -0.78% | View data |
| 3 | 3 Estonia | 2.74 | 2023 | +6.61% | +2.6% | View data |
| 4 | 4 Bulgaria | 2.55 | 2023 | 0% | +2.53% | View data |
| 5 | 5 Croatia | 2.45 | 2023 | +0.41% | -1.85% | View data |
| 6 | 6 Poland | 2.36 | 2023 | 0% | 0% | View data |
| 7 | 7 Latvia | 2.23 | 2023 | 0% | -4.92% | View data |
| 8 | 8 Italy | 2.22 | 2023 | -2.63% | -3.55% | View data |
| 9 | 9 Slovakia | 2.15 | 2023 | 0% | -0.37% | View data |
| 10 | 10 Romania | 1.97 | 2023 | +2.07% | +1.6% | View data |
