The Netherlands leads European environmentally related tax revenues from pollution in arts, entertainment, and recreation, with 50.12 million USD in 2023, showing a steady 1.56% increase. The United Kingdom follows with 23.79 million USD, though it faced a 2.75% decrease. Belgium and Poland displayed modest increases, while Italy saw a significant decline of 3.32%. Lesser contributors like Serbia, Latvia, and Lithuania experienced notable growth above 4.8%, despite smaller absolute values.
Future trends to watch:
- Expect technological advancements to reduce pollution, affecting revenue streams.
- Policy shifts towards sustainability could lead to increased taxation rates.
- Broadening the scope of taxed pollutants may diversify revenue sources.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Arts, Entertainment and Recreation Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 50.12 | 2023 | +5.68% | +1.56% | View data |
| 2 | 2 United Kingdom | 23.79 | 2023 | -1.58% | -2.75% | View data |
| 3 | 3 Belgium | 12.3 | 2023 | +1.7% | +0.86% | View data |
| 4 | 4 Poland | 3.66 | 2023 | +0.79% | +1.07% | View data |
| 5 | 5 Italy | 3.22 | 2023 | -1.68% | -3.32% | View data |
| 6 | 6 Denmark | 2.27 | 2023 | -1.37% | -2.65% | View data |
| 7 | 7 Sweden | 1.81 | 2023 | +6.48% | +2.05% | View data |
| 8 | 8 Portugal | 0.55 | 2023 | +1.03% | +2.76% | View data |
| 9 | 9 Hungary | 0.28 | 2023 | +5.56% | +1.99% | View data |
| 10 | 10 Serbia | 0.25 | 2023 | +4.26% | +6.34% | View data |
