In 2024, France leads in European environmentally related tax revenue from pollution taxes in the repair and installation of machinery and equipment sector, registering growth of 6.48% in 2023. Hungary follows with $17.24 million, seeing a slight increase. The UK experienced a decline of 9.62%, while Belgium, Denmark, and Switzerland faced minor fluctuations. Malta showed a significant rise at 7.27%, diverging from the general Nordic region pattern where Finland experienced a decline. Austria and Lithuania saw almost stable conditions with minor variances, whereas Estonia demonstrated some growth at 3.21%.
Looking forward, shifts in EU environmental policies and potential technological advancements may impact these revenue streams. A focus on sustainable practices and stricter regulations could drive fluctuations in tax revenues, especially in countries actively pursuing green technology integration. Monitoring policy developments and technological adoption rates will be essential.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Repair and Installation of Machinery and Equipment Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 57.45 | 2023 | +4.09% | +6.48% | View data |
| 2 | 2 Hungary | 17.24 | 2023 | +4.07% | +1.93% | View data |
| 3 | 3 United Kingdom | 12.31 | 2023 | -12.47% | -9.62% | View data |
| 4 | 4 Belgium | 3.73 | 2023 | -0.19% | +0.27% | View data |
| 5 | 5 Denmark | 2.54 | 2023 | +0.11% | -6.35% | View data |
| 6 | 6 Switzerland | 2.26 | 2023 | +0.089% | +1.9% | View data |
| 7 | 7 Malta | 2.05 | 2023 | +4.16% | +7.27% | View data |
| 8 | 8 Austria | 0.85 | 2023 | +4.25% | +0.7% | View data |
| 9 | 9 Lithuania | 0.69 | 2023 | -4.93% | -0.48% | View data |
| 10 | 10 Finland | 0.65 | 2023 | -2.54% | -2.56% | View data |
