In 2023, the Netherlands led European countries in environmentally related tax revenue within the creative and cultural sectors with 139.08 million USD, followed by the UK at 103.21 million USD. Spain, Denmark, and Sweden also contributed significantly despite seeing declines of 3.28%, 5.41%, and 0.49%, respectively. Notable increases occurred in Slovenia (3.77%), Iceland (1.96%), and Malta (2.7%). Countries like Cyprus, Bulgaria, and Greece faced declines, indicating potential challenges in leveraging environmental taxes effectively. The five-year compound annual growth rate (CAGR) showcased overall moderate fluctuations across the region, with variance generally aligning with national sustainability agendas.
Future trends to watch include increasing alignment with EU Green Deal objectives, potentially boosting environmentally related tax revenues in the cultural and entertainment sectors. Countries with current declines may adopt innovative policies to reverse negative trends, with digital transformation and sustainable practices playing key roles. Additionally, diverse approaches to taxation may emerge, addressing unique environmental goals within the creative and cultural landscape.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Creative, Arts and Entertainment Activities; Libraries, Archives, Museums and Other Cultural Activities; Gambling and Betting Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 139.08 | 2023 | +8.78% | +2.32% | View data |
| 2 | 2 United Kingdom | 103.21 | 2023 | +0.42% | +1.13% | View data |
| 3 | 3 Spain | 33.38 | 2023 | +0.76% | -3.28% | View data |
| 4 | 4 Denmark | 26.65 | 2023 | +0.24% | -5.41% | View data |
| 5 | 5 Sweden | 22.29 | 2023 | +0.79% | -0.49% | View data |
| 6 | 6 Austria | 19.24 | 2023 | +2.59% | +1.26% | View data |
| 7 | 7 Greece | 13.58 | 2023 | -4.42% | -5.03% | View data |
| 8 | 8 Norway | 12.85 | 2023 | +2.3% | -0.46% | View data |
| 9 | 9 Poland | 12.02 | 2023 | -0.8% | -4.95% | View data |
| 10 | 10 Switzerland | 8.91 | 2023 | +1.98% | +1.22% | View data |
