In 2023, France led with $506.83 million in environmentally related tax revenue from arts, entertainment, and recreation, followed by Italy and the Netherlands. The UK and Germany trailed behind, with Germany seeing a decline of 1.23%. Spain and Denmark also experienced negative growth. Notably, Slovakia, Serbia, and Malta showed robust year-on-year increases in tax revenue. Over the past five years, the sector has shown diverse growth with some countries thriving, while others like the Czech Republic and Bulgaria faced setbacks.
Future trends to watch involve potential growth in renewable energy integration within arts and entertainment, possibly driving increased tax incentives and shaping tax revenue patterns. Moreover, countries may prioritize sustainable practices in cultural industries, reflecting shifts in tax revenue as environmental policies evolve.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Arts, Entertainment and Recreation by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 506.83 | 2023 | +2.93% | +1.25% | View data |
| 2 | 2 Italy | 332.03 | 2023 | +1.11% | +1.47% | View data |
| 3 | 3 Netherlands | 328.04 | 2023 | +11.01% | +1.8% | View data |
| 4 | 4 United Kingdom | 243.77 | 2023 | +0.43% | +0.89% | View data |
| 5 | 5 Germany | 210.21 | 2023 | -0.74% | -1.23% | View data |
| 6 | 6 Spain | 76.5 | 2023 | +0.081% | -3.22% | View data |
| 7 | 7 Sweden | 62.79 | 2023 | +1.1% | +0.27% | View data |
| 8 | 8 Switzerland | 58.06 | 2023 | +2.43% | +1.79% | View data |
| 9 | 9 Denmark | 46.16 | 2023 | +0.33% | -5.58% | View data |
| 10 | 10 Belgium | 46.08 | 2023 | +1.39% | +0.25% | View data |
