In 2023, the Netherlands led European countries with an environmentally related tax revenue of $100.33 million from taxes on pollution in the manufacturing of food products, beverages, and tobacco, experiencing a slight increase of 0.89% from the previous year. Hungary and the United Kingdom followed, with $33.77 million and $33.63 million, respectively, with Hungary seeing a 3.78% rise and the UK a 2.91% decline. France saw a significant increase of 5.92%, while Norway and Malta exhibited notable growth at 9.25% and 6.48%, respectively. Conversely, countries like Estonia and Lithuania recorded declines.
Future trends to watch for in Europe include increased environmental regulations that could lead to higher tax revenues, especially in traditionally high-emitting countries. As countries strive towards sustainability, incentives for adopting cleaner technologies are likely, which could alter tax structures and impacts across the sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Food Products, Beverages and Tobacco Products by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 100.33 | 2023 | -2.09% | +0.89% | View data |
| 2 | 2 Hungary | 33.77 | 2023 | +3.76% | +3.78% | View data |
| 3 | 3 United Kingdom | 33.63 | 2023 | -1.84% | -2.91% | View data |
| 4 | 4 Denmark | 26.56 | 2023 | -0.99% | -2.02% | View data |
| 5 | 5 Belgium | 22.86 | 2023 | +0.033% | -0.17% | View data |
| 6 | 6 Poland | 22.63 | 2023 | -2.25% | -1.16% | View data |
| 7 | 7 France | 20.05 | 2023 | +3.89% | +5.92% | View data |
| 8 | 8 Italy | 5.44 | 2023 | -1.38% | -2.91% | View data |
| 9 | 9 Lithuania | 3.23 | 2023 | -0.095% | -3.96% | View data |
| 10 | 10 Norway | 3.16 | 2023 | +5.7% | +9.25% | View data |
