WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 244
Market Data
Money Market Regulations
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Government market interventions
FIGURE 33
Share of taxes and levies paid by household consumers for electricity, 2nd half 2023 (%)
• In the EU, the share of taxes in the second half
of 2023 was the least in Luxembourg, where the
values were in fact negative (-49.2%). Negative
taxes, re昀氀ecting the subsidies and allowances,
were also observed in Ireland, Austria, the
Netherlands, Latvia, Portugal and Lithuania
• The relative share of taxes was highest in
Denmark, making up 48.1% of the total price.
The average share of total taxes and levies at
EU level in the second half of 2023 was 21.8 %,
an increase of 6.3 percentage points (pp) when
compared with the second half of 2022, and an
increase of 2.6 percentage points (pp) when
compared with the 昀椀rst half 2023, mostly driven
by reduction of subsidies and allowances.
Eu EU
ro
are
a
De
nm
a
Po rk
lan
Cy d
p
Slo rus
va
Sw kia
e
Fin den
Ge land
rm
Be any
lg
Ro ium
ma
n
Slo ia
ve
n
Ita ia
l
Es y
t
Hu onia
ng
Cr ary
oa
Cz tia
ec
Gr hia
e
Bu ece
lga
Fra ria
Lit nce
hu
a
Po nia
rtu
g
Sp al
a
La in
tvi
a
Ne Malt
a
th
erl
Au ands
str
Ire ia
l
Lu
xe and
mb
ou
rg
Ice
la
N nd
Lie orw
a
ch
ten y
ste
in
Se
rb
Alb ia
an
Bo No
rth Geo ia
sn
ia
an Mac rgia
d H ed
erz oni
a
Mo egov
nte ina
n
Tu egro
rki
Mo ye
ldo
va
Ko
so
vo
(‘)
55
45
35
25
15
5
-5
-15
-25
-35
-45
-55
Share of VAT (%)
Source: Eurostat
244
WEMO 2024
Share of other taxes and levies (%)
• The VAT in the EU represented 13.7 % of the
total price. It ranged from 4.8 % in Malta to 21.3
% in Hungary.