In 2023, European environmentally related tax revenue from taxes on pollution was highest in the Netherlands at $77.54 million, with notable disparities across countries. Belgium and Italy followed but showed a decline in growth. Hungary and Norway saw the most significant year-on-year increase in revenue at 10.15% and 19.75% respectively. Conversely, Ireland experienced a significant decline of 12.26%. Latvia showed a dramatic increase of 31.15%, albeit from a smaller base.
Future trends to monitor include:
- Growth in environmentally related tax revenue in countries like Latvia and Norway as they enhance green policy frameworks.
- Potential stabilization in countries with declining revenues through new regulatory measures.
- Increased focus on harmonizing taxation across the EU to support member states in meeting sustainability goals while addressing cross-border pollution.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Human Health and Social Work Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 77.54 | 2023 | +2.56% | +4.31% | View data |
| 2 | 2 Belgium | 15.81 | 2023 | -0.99% | -0.68% | View data |
| 3 | 3 Italy | 11.56 | 2023 | -4.77% | -7.98% | View data |
| 4 | 4 Denmark | 8.41 | 2023 | +0.094% | +0.86% | View data |
| 5 | 5 France | 8.11 | 2023 | +7.55% | +7.69% | View data |
| 6 | 6 Switzerland | 3.89 | 2023 | +0.015% | +1.07% | View data |
| 7 | 7 Portugal | 1.51 | 2023 | +1% | +2.99% | View data |
| 8 | 8 Austria | 0.98 | 2023 | -3.27% | -4.99% | View data |
| 9 | 9 Sweden | 0.97 | 2023 | +6.55% | +3.18% | View data |
| 10 | 10 Slovakia | 0.64 | 2023 | +3.57% | +5.91% | View data |