Lithuania leads in European Environmentally Related Tax Revenue from resources in agriculture, forestry, and fishing, establishing its dominance with forecasted growth of 2.79% year-on-year in 2023. Spain and the Netherlands saw declines of 0.78% and 0.96%, respectively. Estonia's 2.62% decrease contrasts with Latvia's 3.67% increase. Portugal, Bulgaria, and Cyprus showed robust growth, especially Croatia, with an impressive 12.48% rise in 2023. Ireland marked moderate growth at 0.79%, whereas Slovenia saw a decrease of 3.72%.
Future trends indicate potential shifts driven by environmental policies and sustainability initiatives. Watch for increased tax revenues in countries enhancing green agricultural practices and natural resource management. Economic volatility and regulatory changes could influence growth, demanding agile adaptation from industries. Investment in renewable resources and sustainable agriculture will likely foster long-term revenue uplifts. Emphasizing carbon-neutral commitments and technological adoption in resource sectors may also impact future tax revenues positively.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Agriculture, Forestry and Fishing by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 68.03 | 2023 | +5.07% | +2.79% | View data |
| 2 | 2 Spain | 11.25 | 2023 | +1.88% | -0.78% | View data |
| 3 | 3 Netherlands | 10.16 | 2023 | +0.018% | -0.96% | View data |
| 4 | 4 Estonia | 3.31 | 2023 | -0.5% | -2.62% | View data |
| 5 | 5 Latvia | 2.54 | 2023 | +3.42% | +3.67% | View data |
| 6 | 6 Portugal | 2.53 | 2023 | +2.59% | +8.1% | View data |
| 7 | 7 Bulgaria | 1.59 | 2023 | +4.4% | +6.73% | View data |
| 8 | 8 Belgium | 1.43 | 2023 | +4.59% | +1.79% | View data |
| 9 | 9 Serbia | 1.24 | 2023 | +1.74% | +2.2% | View data |
| 10 | 10 Cyprus | 1.13 | 2023 | +6.4% | +11.49% | View data |
