In 2023, Germany led European public sector spending on environmental protection services with €7.64 billion, followed by Italy at €7.2 billion and France at €6.82 billion. Smaller economies like Latvia and Slovenia reported significantly lower expenditures. Over the past year, notable spending increases occurred in Italy (+5.21%) and Slovakia (+3.96%), driven by rising environmental awareness and policy implementation. Conversely, Portugal and Finland saw slight spending reductions, indicating shifting priorities or budget constraints.
Future trends to watch include increased investments due to heightened climate change concerns and regulatory pressures, potentially leading to higher environmental protection expenditure as countries aim for greener economies. Emerging technologies and innovations in sustainable solutions may further influence funding allocation and strategic focus.
Top countries in Final Consumption Expenditure of Environmental Protection Services in All Environmental Protection Activities in All Activities by the Public Sector by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 7,640 | 2023 | +1.53% | +1.99% | View data |
2 | 2 Italy | 7,200 | 2023 | +2.61% | +5.21% | View data |
3 | 3 France | 6,820 | 2023 | +0.96% | +1.37% | View data |
4 | 4 Belgium | 2,200 | 2023 | +1.81% | +2.3% | View data |
5 | 5 Ireland | 1,160 | 2023 | +1.22% | +1.48% | View data |
6 | 6 Slovakia | 660.4 | 2023 | +2.32% | +3.96% | View data |
7 | 7 Portugal | 403.9 | 2023 | -1.17% | -0.38% | View data |
8 | 8 Lithuania | 311.6 | 2023 | +1.53% | +0.44% | View data |
9 | 9 Finland | 309.8 | 2023 | -0.19% | -0.29% | View data |
10 | 10 Estonia | 209.5 | 2023 | +2.44% | +4.82% | View data |