In 2023, Italy led the European countries with tax revenues from environmental taxes in sectors like water supply, sewerage, waste management, and remediation activities. The United Kingdom and Germany followed, with Germany showing a positive year-on-year growth of 1.68%, contrasting with declines in Italy and the UK. Notably, Spain and Ireland also posted impressive growth rates of 2.11% and 3.81%, respectively. Conversely, Finland experienced a significant drop of 56.4%. Over a longer period, trends show fluctuations with countries like the Netherlands and Latvia seeing growth while Finland encountered sharp declines.
Future trends to watch include the exploration of sustainable taxation policies and the integration of technological innovations in the waste management sector, likely influencing revenue shifts. Additionally, countries with a positive trajectory may further harness renewable resources to boost these specific tax collections, while those with declining trends might focus on restructuring their environmental strategies.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Water Supply; Sewerage, Waste Management and Remediation Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21 | 2023 | +0.44% | -0.49% | View data |
| 2 | 2 United Kingdom | 15.41 | 2023 | -1.15% | -1.98% | View data |
| 3 | 3 Germany | 14.16 | 2023 | +2.51% | +1.68% | View data |
| 4 | 4 France | 11.06 | 2023 | +3.58% | -0.7% | View data |
| 5 | 5 Spain | 6.7 | 2023 | +2.21% | +2.11% | View data |
| 6 | 6 Belgium | 4.64 | 2023 | +1.15% | -0.42% | View data |
| 7 | 7 Netherlands | 4.28 | 2023 | -0.0043% | +4.47% | View data |
| 8 | 8 Switzerland | 4.21 | 2023 | +3.66% | +2.57% | View data |
| 9 | 9 Poland | 3.69 | 2023 | +1.53% | -0.3% | View data |
| 10 | 10 Sweden | 3.11 | 2023 | +1.59% | +0.71% | View data |
