In 2023, the Netherlands led Europe in environmentally related tax revenue from pollution taxes in the financial and insurance sectors, valued at USD 72.51 million PPP. The United Kingdom followed with USD 20.56 million PPP. Over 2022-2023, the Netherlands saw a 10.99% increase, while Belgium and Romania experienced decreases, at -5.26% and -18.67%, respectively. Over the last five years, the compound annual growth rate (CAGR) revealed modest average gains, with significant regional differences.
Future trends to watch include potential policy shifts promoting greener financial practices, impacting tax structures. Countries leading in green finance implementation might see more stable or increasing tax revenues. Additionally, economic transitions and environmental regulations harmonization across EU countries could increasingly influence such tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Activities Auxiliary to Financial Services and Insurance Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 72.51 | 2023 | +6.47% | +10.99% | View data |
| 2 | 2 United Kingdom | 20.56 | 2023 | -1.95% | -2.59% | View data |
| 3 | 3 Ireland | 2.65 | 2023 | +5.76% | +3.49% | View data |
| 4 | 4 Belgium | 1.68 | 2023 | -6.66% | -5.26% | View data |
| 5 | 5 Poland | 1.58 | 2023 | -4.2% | -2.74% | View data |
| 6 | 6 Austria | 0.57 | 2023 | +4.45% | +3.7% | View data |
| 7 | 7 Sweden | 0.19 | 2023 | +7.47% | View data | |
| 8 | 8 Serbia | 0.094 | 2023 | +2.8% | +1.67% | View data |
| 9 | 9 Lithuania | 0.071 | 2023 | -0.86% | -1.01% | View data |
| 10 | 10 Portugal | 0.063 | 2023 | +9.27% | +8.74% | View data |
