The government plans to raise €3.796 million in 2027 with fuel tax, a further 186 million than this year, according to the proposal of OE 2027.
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08/10/2026
by
Lusa
O Government plans to raise €3.796 million in 2027 with the tax on petroleum and energy products (ISP), more 186 million than estimated for this year, according to the proposal for a State Budget for 2027.
According to the report accompanying the OE2027 budget proposal presented today, the ISP's revenue is expected to increase by 5.2% next year, compared with the €3.610 million planned for 2026.
The government justifies this development with the expected growth of private consumption.
“In the case of excise duties, in 2027, the revenue from the tax on petroleum and energy products is expected to increase by EUR 186 million, which corresponds to an increase of 5.2%, reaching EUR 3.796 million,” says the document.
Overall, the government estimates that the tax revenue of the State will reach EUR 70,672 million in 2027, plus EUR 2,863 million more than expected for 2026, which represents a growth of 4.2%.
Of this amount, EUR 40,248 million should be the result of indirect taxes, including ISP, VAT and vehicle taxes, among others, representing an increase of 5.5% compared to this year.
VAT will continue to be the main source of revenue among indirect taxes, with a recovery forecast of EUR 30,283 million in 2027, more 5.3% than in 2026.
The revenue from vehicle tax is expected to reach EUR 486 million, while the revenue from the single movement tax is estimated at EUR 611 million.
In another section of the report on environmental taxation, the Government identifies €5.529 million of revenue classified as green, of which around 69% relate to the tax on petroleum and energy products.
In this context, the document provides a forecast of EUR 3,840 million of ISP revenue, indicating that 11.4% of this amount corresponds to the carbon component.
The Government today handed over to the Assembly of the Republic the proposal for a State Budget for 2027, before the deadline laid down by law.
The budget proposal foresees an economic growth of 2.3% this year and 2.1% in 2027 and balanced accounts this year and a surplus of 0.1% in 2027.
The proposal will be discussed and voted on in general between 27 and 28 October. The overall final vote is scheduled for November 24, after the discussion process in the specialty.