The analysis of European environmentally related tax revenue from taxes on pollution reveals varying trends across several countries. In 2023, France led with considerable revenue of 22.15 million US Dollars PPP, showcasing a notable increase of 7% from the previous year. The Netherlands and Spain also displayed growth, recording modest increases of 1.35% and 4.55%, respectively. Conversely, the United Kingdom and Finland encountered significant declines, with year-on-year reductions of 8.36% and 7.19%. Over the last five years, these variations reflect differing priorities and capabilities among European nations in addressing manufacturing pollution through taxation.
Future trends to watch include:
- An increased emphasis on green technology investment and innovation in higher-revenue countries, driving potential revenue growth.
- The potential for countries with declining tax revenues to reevaluate policies to enhance their environmental taxation approaches.
- Overall, a heightened focus on harmonizing environmental tax policies to sustain revenue and promote regional environmental goals.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 22.15 | 2023 | +4.14% | +7% | View data |
| 2 | 2 Netherlands | 17.55 | 2023 | +0.1% | +1.35% | View data |
| 3 | 3 Spain | 14.1 | 2023 | +11.48% | +4.55% | View data |
| 4 | 4 Hungary | 13.7 | 2023 | +3.5% | +2.71% | View data |
| 5 | 5 United Kingdom | 7.81 | 2023 | -9.55% | -8.36% | View data |
| 6 | 6 Italy | 4.77 | 2023 | -1.82% | -3.74% | View data |
| 7 | 7 Sweden | 4.51 | 2023 | +1.7% | +1.04% | View data |
| 8 | 8 Belgium | 3.54 | 2023 | -2.08% | -1.68% | View data |
| 9 | 9 Switzerland | 3.03 | 2023 | -1.37% | +0.018% | View data |
| 10 | 10 Slovakia | 2.71 | 2023 | -2% | -2.78% | View data |
