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Environmental Taxes in the EU

61c87ea7098fa
BM.GE
26.12.21 20:00
486
In 2020, environmental tax revenue in the EU amounted to €299.9 billion, corresponding to 2.2% of GDP.
 
For the first COVID-19 crisis year of 2020, the majority of the countries reported significant decreases in energy taxes compared with 2019. The typical range of decrease was between 5% and 15%, EUROSTAT reports. 
 
EU environmental taxes accounted for 5.4% of the revenue from taxes and social contributions in 2020. This share varied significantly across EU Member States. Slovenia (12.3%), Latvia (10.1%), Bulgaria (9.9%) and Greece (9.1%) recorded the largest shares in the EU, whereas Germany (4.1%), Slovakia (4.0%) and Luxembourg (3.5%) recorded the smallest shares.