In 2023, France and Spain led European environmentally related tax revenue from taxes on pollution in Information and Communication, with significant values of 23.95 and 23.15 million USD, respectively. France showed a robust growth of 6.02% year-on-year. In contrast, the UK faced a steep decline of 13.58%, and Austria saw the most notable drop at 67.43%. Over the last two years, Slovenia showed remarkable growth at 10.54%. The overall trend indicates variability among countries, with some experiencing growth and others declining.
Future trends to watch include:
- The impact of increasing environmental regulations, potentially boosting tax revenues in countries with strong policies.
- The role of technological advancements in mitigating pollution, possibly influencing revenue fluctuations.
- Economic recovery post-pandemic, which may alter industrial activities and taxation patterns in the Information and Communication sector.
- Shifts in environmental awareness and public policy, which could drive further growth in France and Spain.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Information and Communication by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 23.95 | 2023 | +5.09% | +6.02% | View data |
| 2 | 2 Spain | 23.15 | 2023 | +0.54% | +1.78% | View data |
| 3 | 3 Netherlands | 18.03 | 2023 | -0.004% | +0.29% | View data |
| 4 | 4 Poland | 7.59 | 2023 | -3.47% | -2.22% | View data |
| 5 | 5 Serbia | 6.33 | 2023 | +4.16% | +6% | View data |
| 6 | 6 Sweden | 5.16 | 2023 | +6.55% | +3.69% | View data |
| 7 | 7 Italy | 4.35 | 2023 | +0.053% | -1.89% | View data |
| 8 | 8 Hungary | 4.25 | 2023 | +5.01% | +1.33% | View data |
| 9 | 9 Belgium | 2.85 | 2023 | +2.41% | +2.16% | View data |
| 10 | 10 United Kingdom | 1.72 | 2023 | -18.27% | -13.58% | View data |
