In 2023, Belgium led with the highest environmentally related tax revenue from taxes on pollution in accommodation and food service activities, with a slight decline of 1.98% year-on-year. Notably, the Netherlands and Malta recorded significant growth of 10.1% and 8.16% respectively, showcasing rising commitments to environmental taxation. Conversely, Austria and Croatia experienced the largest drops, with decreases of 17.7% and 18.35%. Over the past two years, trends depict fluctuating focus on environmental taxation, with some countries expanding while others retract their fiscal environmental policies.
Future trends to watch include:
- Potential policy shifts and harmonization across Europe to standardize environmentally related tax revenue implementations.
- The influence of broader EU regulations on pollution control and how they will affect tax structures in the hospitality sector.
- The role of technology in improving emissions tracking, potentially expanding taxable activities.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Accommodation and Food Service Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 78.43 | 2023 | -1.16% | -1.98% | View data |
| 2 | 2 Netherlands | 32.48 | 2023 | +13.64% | +10.1% | View data |
| 3 | 3 United Kingdom | 30.5 | 2023 | -3.53% | -4.12% | View data |
| 4 | 4 Norway | 25.85 | 2023 | -1.06% | -2.12% | View data |
| 5 | 5 Italy | 16.57 | 2023 | +0.58% | -2.01% | View data |
| 6 | 6 Poland | 15.6 | 2023 | +4.58% | -7.58% | View data |
| 7 | 7 Denmark | 10.97 | 2023 | +7.48% | -1.3% | View data |
| 8 | 8 France | 6.98 | 2023 | +2.61% | +3.69% | View data |
| 9 | 9 Portugal | 1.24 | 2023 | +1.03% | +2.7% | View data |
| 10 | 10 Malta | 0.37 | 2023 | +7.95% | +8.16% | View data |
