In 2024, Italy leads in environmentally related tax revenue from energy in residential care and social work activities, with notable increases seen in the Netherlands and France due to growth rates of 5.57% and 2.7%, respectively. Portugal and Ireland also show positive trends, while Spain, Denmark, and Austria experience declines. The overall compound annual growth rate (CAGR) for the last five years highlights growth in Hungary and Serbia, with considerable performance in Slovenia, reflecting shifts towards greener energy taxation policies. Negative growth in Denmark, Slovakia, and Romania suggests challenges in tax revenue recovery.
Future trends to monitor include:
- Enhanced focus on renewable energy adoption across Europe, potentially influencing future tax structures.
- Impact of energy efficiency regulations aiming to reduce carbon footprints, possibly affecting tax revenue dynamics.
- Country-specific policy changes that may either bolster or hinder developments in energy-related tax revenue.
- Trends in energy prices and their influence on tax adjustments and revenue forecasts.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Residential Care Activities and Social Work Activities Without Accommodation by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 489.53 | 2023 | +2.06% | +2.2% | View data |
| 2 | 2 Netherlands | 198.87 | 2023 | +2.81% | +5.57% | View data |
| 3 | 3 France | 197.48 | 2023 | +4.39% | +2.7% | View data |
| 4 | 4 Portugal | 99.5 | 2023 | +2.99% | +1.11% | View data |
| 5 | 5 Spain | 43.84 | 2023 | +0.4% | -2.99% | View data |
| 6 | 6 Finland | 41.79 | 2023 | +1.46% | +0.2% | View data |
| 7 | 7 Denmark | 38.81 | 2023 | -7.27% | -10.77% | View data |
| 8 | 8 Poland | 29.05 | 2023 | +0.27% | -2.64% | View data |
| 9 | 9 Ireland | 13.52 | 2023 | +5.75% | +2.17% | View data |
| 10 | 10 Norway | 13.3 | 2023 | -1.37% | -2.41% | View data |
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