The European environmentally related tax revenue from pollution in the manufacturing sectors shows that, as of 2023, France leads with the highest tax revenue at $26.63 million, followed closely by Italy and the Netherlands. France exhibited a notable increase of 7.1% over the last year, suggesting robust environmental enforcement. Conversely, the UK and Lithuania faced declines of 7.77% and 3.49%, respectively. The Czech Republic saw a massive surge year-on-year, growing by 32.67%. Over the past five years, trends suggest varied growth rates across countries, with some adapting better to eco-friendly regulations than others.
In the future, we should watch for countries like France and Spain, which are pushing for stronger environmental policies. The rise in eco-conscious consumerism and regulatory pressures may drive increasing tax revenues in environmentally related taxes across the region. Additionally, technological advancements in cleaner production methods could lower pollution levels, potentially impacting tax revenue trends.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 26.63 | 2023 | +4.08% | +7.1% | View data |
| 2 | 2 Italy | 21.12 | 2023 | +0.31% | -0.81% | View data |
| 3 | 3 Netherlands | 20.05 | 2023 | +9.45% | -0.34% | View data |
| 4 | 4 United Kingdom | 12.67 | 2023 | -9.58% | -7.77% | View data |
| 5 | 5 Switzerland | 6.44 | 2023 | -1.78% | -0.21% | View data |
| 6 | 6 Sweden | 3.54 | 2023 | +6.73% | +4.09% | View data |
| 7 | 7 Spain | 2.62 | 2023 | +7.21% | +5.45% | View data |
| 8 | 8 Belgium | 2.45 | 2023 | +0.6% | +0.99% | View data |
| 9 | 9 Lithuania | 2.01 | 2023 | -0.35% | -3.49% | View data |
| 10 | 10 Malta | 1.39 | 2023 | +1.83% | +4.07% | View data |