In 2023, environmentally related tax revenues from pollution in arts, entertainment, and recreation showed varied trends across European countries. France led significantly with a value of 21.92 million USD PPP. Notably, France experienced a growth of 37.43% year-on-year, indicating a sharp increase in environmental tax implementation. Conversely, the United Kingdom, despite having a significant tax revenue of 18.92 million USD PPP, faced a slight decline of 1.73%. Countries like Slovakia and Switzerland experienced noteworthy growths of 30.4% and 12.61% respectively. However, Romania and Italy saw decreases of 9.78% and 1.95% which could indicate challenges in effectively leveraging environmental taxation policies.
Looking forward, environmentally related tax revenues in Europe are expected to be influenced by heightened regulations on pollution and an increased focus on sustainable practices in the arts and entertainment sectors. The variations across countries might continue, driven by different policy aggressiveness and economic conditions. Monitoring these trends will be crucial for understanding how nations are balancing economic activity with environmental responsibilities.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Arts, Entertainment and Recreation by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 21.92 | 2023 | +28.28% | +37.43% | View data |
| 2 | 2 United Kingdom | 18.92 | 2023 | -0.85% | -1.73% | View data |
| 3 | 3 Italy | 2.84 | 2023 | -0.92% | -1.95% | View data |
| 4 | 4 Ireland | 0.51 | 2023 | +12.26% | +5.15% | View data |
| 5 | 5 Hungary | 0.39 | 2023 | +5.5% | +2.39% | View data |
| 6 | 6 Austria | 0.18 | 2023 | +4.56% | +0.45% | View data |
| 7 | 7 Slovakia | 0.14 | 2023 | +6.17% | +30.4% | View data |
| 8 | 8 Switzerland | 0.1 | 2023 | +3.8% | +12.61% | View data |
| 9 | 9 Lithuania | 0.081 | 2023 | +1.83% | +5.64% | View data |
| 10 | 10 Malta | 0.068 | 2023 | +3.37% | +1.51% | View data |
