In 2023, European Environmentally Related Tax Revenue from Insurance, Reinsurance, and Pension Funding showed varied performance across countries. Poland led with $35.42 million but faced a slight decline of 0.58%. France and the UK saw modest growth, while the Netherlands and Germany experienced minor increments. Switzerland, Sweden, and Belgium faced significant declines. Notably, Portugal and Ireland marked robust growth, contrasting with Slovakia and Norway's significant reductions. Over the past five years, trends indicate fluctuating growth patterns across nations.
Future trends to watch include digital transformation in tax collection and evolving environmental policies that may drive revenue changes. Monitoring geopolitical and economic changes will be crucial for predicting future revenue shifts across Europe.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 35.42 | 2023 | -0.73% | -0.58% | View data |
| 2 | 2 France | 22.94 | 2023 | +6.38% | +3.76% | View data |
| 3 | 3 United Kingdom | 20.96 | 2023 | +0.92% | +1.23% | View data |
| 4 | 4 Netherlands | 6.07 | 2023 | +0.39% | +1.35% | View data |
| 5 | 5 Germany | 5.73 | 2023 | -0.16% | +0.2% | View data |
| 6 | 6 Czech Republic | 1.55 | 2023 | -0.024% | +0.38% | View data |
| 7 | 7 Italy | 1.22 | 2023 | +1.15% | +0.87% | View data |
| 8 | 8 Switzerland | 1.21 | 2023 | -1.14% | -2.53% | View data |
| 9 | 9 Sweden | 0.83 | 2023 | -3.11% | -3.03% | View data |
| 10 | 10 Austria | 0.77 | 2023 | +2.29% | +2.14% | View data |
