In 2023, France led European Environmentally Related Tax Revenue from taxes on pollution in wholesale trade, followed by the Netherlands and the United Kingdom. France showed a remarkable growth of 36.8% year-on-year, indicating a robust focus on environmental taxation. In contrast, the United Kingdom and Italy saw declines. Consistent performers include Hungary and Norway, with positive growth percentages. Conversely, notable contractions occurred in Finland and the Czech Republic, with significant negative variations over the year.
Looking forward, Europe is likely to see a mixed trend in environmentally related tax revenues. The expected tightening of environmental regulations across Europe could potentially drive increased tax revenues. Emerging environmental policies and adoption of sustainable practices might shift the landscape of revenue generation. Monitoring these policies can provide insights for future revenue projections, especially for countries currently lagging in their tax progression. Additionally, technological advancements in pollution reduction and shifts in wholesale trade patterns may impact future tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Wholesale Trade (Except of Motor Vehicles and Motorcycles) by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 125.9 | 2023 | +28.11% | +36.8% | View data |
| 2 | 2 Netherlands | 79.78 | 2023 | -0.012% | +1.66% | View data |
| 3 | 3 United Kingdom | 45.15 | 2023 | -1.18% | -2.23% | View data |
| 4 | 4 Hungary | 31.01 | 2023 | +3.54% | +3.97% | View data |
| 5 | 5 Poland | 27.73 | 2023 | -4.4% | -2.97% | View data |
| 6 | 6 Denmark | 14.78 | 2023 | +0.1% | +1.38% | View data |
| 7 | 7 Italy | 11.21 | 2023 | -0.87% | -4.67% | View data |
| 8 | 8 Norway | 6.09 | 2023 | +5.69% | +13.57% | View data |
| 9 | 9 Austria | 3.19 | 2023 | +2.35% | -0.38% | View data |
| 10 | 10 Serbia | 2.69 | 2023 | +3.26% | +4.7% | View data |
