In 2023, Germany led in European Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in Environmental Protection Activities with 2.98 billion Euros, despite a slight drop of 0.12% from the previous year. Spain and Belgium followed, showing contrasting trends; Spain saw a decrease of 5.02%, while Belgium experienced a modest increase of 1.66%. Ireland and Greece faced significant declines of 1.95% and an alarming 14.42%, respectively. Conversely, Estonia witnessed a notable growth of 4.57%. These figures suggest variation in public sector investment in environmental protection across Europe, pointing toward strategic differences or fiscal constraints in 2023.
Future trends to watch for include shifts in policy focus and funding allocation towards sustainable projects, particularly in regions like Estonia, where growth is evident. Increased European Union funding and support for green initiatives may bolster Gross Fixed Capital Formation in countries currently showing declines. Monitoring changes in political climates, investment incentives, and technological advancements will provide further insights into future developments in European environmental protection investments. Collaborative efforts and cross-border initiatives will likely influence the trajectory of public sector investment in this area.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets 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 | 2,980 | 2023 | -0.37% | -0.12% | View data |
| 2 | 2 Spain | 922 | 2023 | -5.92% | -5.02% | View data |
| 3 | 3 Belgium | 654.5 | 2023 | +2.31% | +1.66% | View data |
| 4 | 4 Ireland | 472.3 | 2023 | -0.8% | -1.95% | View data |
| 5 | 5 Portugal | 211.7 | 2023 | -1.85% | +0.53% | View data |
| 6 | 6 Slovakia | 183.5 | 2023 | +1.61% | +1.02% | View data |
| 7 | 7 Greece | 151 | 2023 | -15.64% | -14.42% | View data |
| 8 | 8 Slovenia | 67.8 | 2023 | -7.12% | -6.27% | View data |
| 9 | 9 Austria | 64.5 | 2023 | -4.44% | -4.34% | View data |
| 10 | 10 Estonia | 55.4 | 2023 | +5.32% | +4.57% | View data |
