The analysis of the European Environmentally Related Tax Revenue in Crop and Animal Production, Hunting, and Related Services reveals significant variation among countries. In 2023, Germany led with $1.63 billion, despite a forecasted decline, while Poland followed with $1.12 billion. The United Kingdom, showing growth, recorded $1.05 billion. On the contrary, Spain, Sweden, and Austria experienced notable declines. Dynamic growth was observed in countries like Cyprus and Greece, indicating positive trends. The five-year CAGR highlights Germany's dominant position despite a downward trend, with Romania and Norway emerging as notable growth regions.
Future trends to watch include the alignment of countries with sustainability goals, potential policy shifts leading to increased tax burdens in historically low-revenue countries, and the impact of economic variables on environmental tax revenues. Additionally, focus on renewable energy's role in transforming agricultural practices could alter revenue distributions.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Crop and Animal Production, Hunting and Related Service Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,630 | 2023 | -0.79% | -0.82% | View data |
| 2 | 2 Poland | 1,120 | 2023 | +0.26% | -0.3% | View data |
| 3 | 3 United Kingdom | 1,050 | 2023 | +1.79% | +1.33% | View data |
| 4 | 4 Greece | 603.29 | 2023 | +1.64% | +2.13% | View data |
| 5 | 5 Spain | 333.25 | 2023 | +0.89% | -0.41% | View data |
| 6 | 6 Hungary | 317.57 | 2023 | +0.72% | -0.044% | View data |
| 7 | 7 Czech Republic | 271.12 | 2023 | +0.082% | +0.23% | View data |
| 8 | 8 Belgium | 197.04 | 2023 | +3.74% | +2.96% | View data |
| 9 | 9 Sweden | 177.81 | 2023 | -2.72% | -2.33% | View data |
| 10 | 10 Portugal | 160.99 | 2023 | +1.82% | -0.58% | View data |
