In 2024, Belgium leads in Environmentally Related Tax Revenue from Taxes on Pollution in Accommodation and Food Service Activities, followed by the Netherlands and the United Kingdom. Notable trends include a significant uptick in Ireland, with a year-on-year increase of 35.13% in 2023, and smaller gains in countries like Malta, Latvia, and Sweden. Conversely, Austria, Switzerland, and Croatia experienced the steepest declines.
Future trends to watch include the potential impact of stronger environmental regulations and universal carbon pricing. These could lead to increased tax revenues and consequently drive investments in cleaner technologies. Continued fiscal policies that incentivize sustainable practices within European markets are expected as well. Monitoring economic shifts will be vital in projecting the long-term impact on tax revenue figures.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Accommodation and Food Service Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 36.69 | 2023 | -1.16% | -1.98% | View data |
| 2 | 2 Netherlands | 15.2 | 2023 | +13.64% | +10.1% | View data |
| 3 | 3 United Kingdom | 14.27 | 2023 | -3.53% | -4.12% | View data |
| 4 | 4 Norway | 12.09 | 2023 | -1.06% | -2.12% | View data |
| 5 | 5 Italy | 7.75 | 2023 | +0.58% | -2.01% | View data |
| 6 | 6 Poland | 7.3 | 2023 | +4.58% | -7.58% | View data |
| 7 | 7 Denmark | 5.13 | 2023 | +7.48% | -1.3% | View data |
| 8 | 8 France | 3.27 | 2023 | +2.61% | +3.69% | View data |
| 9 | 9 Portugal | 0.58 | 2023 | +1.03% | +2.7% | View data |
| 10 | 10 Malta | 0.17 | 2023 | +7.95% | +8.16% | View data |
