In 2023, the United Kingdom and Moldova led with the highest tax expenditures on residential natural gas as a percentage of GDP, with slight declines noted. Lithuania, Hungary, and Brazil also showed reductions in their tax expenditures, while Italy and China experienced positive growth. Meanwhile, Canada, the United States, and Slovenia maintained stable tax expenditure levels. Over five years, Italy showed the highest year-on-year increase, while Moldova experienced significant declines in recent years.
Looking forward, trends in global tax expenditures for residential natural gas are expected to be influenced by energy policy changes, shifts towards renewable resources, and economic conditions impacting government revenues and priorities.
Top countries in Tax Expenditure on Natural Gas for Residential by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 0.15 | 2023 | -2.61% | -0.53% | View data |
| 2 | 2 Moldova | 0.14 | 2023 | -15.62% | -13.51% | View data |
| 3 | 3 Lithuania | 0.066 | 2023 | -8.33% | -7.22% | View data |
| 4 | 4 Hungary | 0.039 | 2023 | -7.14% | -7.63% | View data |
| 5 | 5 Czech Republic | 0.023 | 2023 | 0% | -0.85% | View data |
| 6 | 6 Slovakia | 0.022 | 2023 | 0% | -0.89% | View data |
| 7 | 7 Italy | 0.013 | 2023 | +8.33% | +13.18% | View data |
| 8 | 8 China | 0.006 | 2023 | 0% | +3.71% | View data |
| 9 | 9 Canada | 0.005 | 2023 | -16.67% | 0% | View data |
| 10 | 10 United States | 0.003 | 2023 | 0% | 0% | View data |
