In 2023, Italy led European countries in environmentally related tax revenue from taxes on energy in wholesale and retail trade, followed by Germany and France. The highest growth was seen in Switzerland, Greece, and the Czech Republic, suggesting increasing alignment with green economic policies. Conversely, significant declines occurred in Slovakia, Lithuania, and Bulgaria, indicating challenges in sustainable energy taxation. Moderate growth was apparent in countries like Sweden, the Netherlands, and Belgium, whereas countries such as Ireland and Romania experienced setbacks.
Future trends in European environmentally related tax revenues will likely focus on enhanced EU emissions standards and renewable energy integration. Keep an eye on policy shifts, infrastructure investment in green technologies, and potential regulatory changes impacting energy taxation. Cross-country collaboration and innovation investment will determine the overall effectiveness and growth of these tax revenues throughout the region.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19.96 | 2023 | +0.88% | +0.62% | View data |
| 2 | 2 Germany | 12.74 | 2023 | +0.023% | +0.032% | View data |
| 3 | 3 France | 12.2 | 2023 | +3.73% | -0.48% | View data |
| 4 | 4 Sweden | 10.5 | 2023 | +0.75% | +1.52% | View data |
| 5 | 5 Poland | 9.29 | 2023 | -0.79% | -1.31% | View data |
| 6 | 6 Netherlands | 8.58 | 2023 | +3.94% | +1.71% | View data |
| 7 | 7 Belgium | 6.16 | 2023 | +1.7% | +1% | View data |
| 8 | 8 Denmark | 3.66 | 2023 | +2.39% | -0.48% | View data |
| 9 | 9 Czech Republic | 2.77 | 2023 | +2.35% | +2.29% | View data |
| 10 | 10 Norway | 2.7 | 2023 | -0.057% | -0.085% | View data |