The analysis of European Environmentally Related Tax Revenue from Taxes on Pollution in Transportation and Storage for 2023 reveals that Poland leads in revenue collection with a significant gap, followed by Italy, the United Kingdom, and the Netherlands. France shows a robust growth rate of 11.65% year-on-year, while many countries, such as Greece, Bulgaria, and Slovakia, experience substantial declines. The compounded annual growth rate over the last five years illustrates a mix of growth and contraction across Europe, with notable declines in several countries.
Future trends to watch include:
- An increased focus on reducing pollution may lead to stricter regulations and potentially higher tax revenues in some countries.
- Countries like France, showing strong growth, may continue to innovate in taxation or environmental policies to further bolster revenues.
- The varying trends across Europe suggest a divergence in policy approach, which could lead to differing growth trajectories in related tax revenues.
- Economic and environmental policies in the European Union will significantly shape future trends, particularly in countries currently experiencing significant declines.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Transportation and Storage Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 37.19 | 2023 | -0.1% | +2.41% | View data |
| 2 | 2 Italy | 15.61 | 2023 | +0.69% | -0.71% | View data |
| 3 | 3 United Kingdom | 12.85 | 2023 | -0.97% | -1.87% | View data |
| 4 | 4 Netherlands | 12.59 | 2023 | -3.89% | -1.36% | View data |
| 5 | 5 France | 10.5 | 2023 | +4.36% | +11.65% | View data |
| 6 | 6 Belgium | 2.83 | 2023 | -1.59% | -1.99% | View data |
| 7 | 7 Denmark | 2.54 | 2023 | +0.1% | -1.96% | View data |
| 8 | 8 Lithuania | 0.91 | 2023 | -2.71% | -2.82% | View data |
| 9 | 9 Finland | 0.68 | 2023 | +1.4% | +0.069% | View data |
| 10 | 10 Hungary | 0.65 | 2023 | -13.7% | -9.24% | View data |
