The European landscape of environmentally related tax revenue from taxes on energy in residential care activities and social work activities without accommodation shows a varied range of contributions across countries. The United Kingdom leads with the highest revenue, while Germany and the Netherlands follow. Over the past year, the UK experienced a slight decline, whereas the Netherlands showed significant growth. France and several other countries saw decreases, with Denmark having the most notable decline. Slovenia witnessed substantial gains. Looking at longer trends, despite some countries facing negative growth, overall revenue from these taxes has gradually been sustained by slight upward trends in select nations.
Future trends in tax revenue from energy in residential care will likely be shaped by increasing environmental regulations and incentives for energy efficiency. Watch for policy shifts in renewable energy adoption, which may affect tax rates and consequently alter revenue patterns across the region. Additionally, ongoing economic changes and demographic shifts in Europe might influence the need for energy consumption in care activities, potentially impacting future tax revenue growth. Continued monitoring of energy market dynamics will be essential for anticipating revenue changes in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Residential Care Activities and Social Work Activities Without Accommodation Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 27.18 | 2023 | -0.037% | -0.41% | View data |
| 2 | 2 Germany | 19.86 | 2023 | +1.04% | +0.12% | View data |
| 3 | 3 Netherlands | 18.27 | 2023 | +2.95% | +6.04% | View data |
| 4 | 4 France | 12.16 | 2023 | -3.49% | -4.35% | View data |
| 5 | 5 Switzerland | 5.15 | 2023 | +2% | +0.56% | View data |
| 6 | 6 Finland | 3.98 | 2023 | +1.21% | -0.69% | View data |
| 7 | 7 Spain | 3.17 | 2023 | +0.27% | -3.1% | View data |
| 8 | 8 Denmark | 2.75 | 2023 | -17.91% | -17.75% | View data |
| 9 | 9 Greece | 1.64 | 2023 | +1.58% | +0.58% | View data |
| 10 | 10 Norway | 1.36 | 2023 | -3.62% | -5.5% | View data |
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