The European Environmentally Related Tax Revenue on pollution in water, sewerage, waste, and remediation activities varies significantly across countries. In 2023, the United Kingdom led with $373.23 million USD PPP, albeit a 2.18% decline, while Hungary saw a notable 4.39% increase to $147.36 million. France contributed $141.65 million, growing by 0.61%, whereas Belgium's revenue slightly dipped by 0.45% to $105.61 million. Croatia saw the most significant downturn with a 46.97% drop. Emerging markets like Latvia and Malta showed potential with 13.75% and 5.79% growths, respectively.
Future trends to watch include increasing regulatory pressures that could drive countries towards higher environmental tax dynamics, especially given Europe's green transformation goals. Countries with currently low revenue might intensify efforts to leverage environmental taxes as tools for sustainability and economic growth.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Water Supply; Sewerage, Waste Management and Remediation Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 373.23 | 2023 | -1.55% | -2.18% | View data |
| 2 | 2 Hungary | 147.36 | 2023 | +4.12% | +4.39% | View data |
| 3 | 3 France | 141.65 | 2023 | +7.35% | +0.61% | View data |
| 4 | 4 Belgium | 105.61 | 2023 | +1.01% | -0.45% | View data |
| 5 | 5 Switzerland | 102.61 | 2023 | +3.38% | +2.06% | View data |
| 6 | 6 Italy | 40.43 | 2023 | -3.52% | -6.85% | View data |
| 7 | 7 Sweden | 35.13 | 2023 | -0.91% | -0.22% | View data |
| 8 | 8 Austria | 30.38 | 2023 | +3.2% | +0.69% | View data |
| 9 | 9 Latvia | 17.76 | 2023 | +3.35% | +13.75% | View data |
| 10 | 10 Estonia | 13.02 | 2023 | -2.23% | -2.77% | View data |
