In 2023, Italy led with 15.97 billion Euros in environmental protection expenditures by specialist producers, followed closely by Austria at 13.28 billion Euros. Belgium, Spain, and the Netherlands also demonstrated significant spending, reflecting robust national commitments to environmental protection. The steepest growth was observed in Latvia and Lithuania, with 5.2% and 4.89% year-on-year increases, respectively. Conversely, Ireland experienced a significant decline of 8.69% from the previous year, suggesting potential cutbacks in environmental funding.
Looking forward to 2024 and beyond, key trends include:
- Potential for increased spending in nations with moderate growth rates, such as Slovenia and Luxembourg, as they aim to align with European Union green agendas.
- Fluctuations in funding as countries reassess priorities in response to EU policy changes and global environmental challenges.
- Continued emphasis on green technologies and sustainable practices, likely influencing spending increases in regions with historic underinvestment, such as Estonia and Slovakia.
Top countries in National Expenditure on Environmental Protection in All Environmental Protection Activities in All Activities by Specialist Producers by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15,970 | 2023 | +1.05% | +0.5% | View data |
| 2 | 2 Austria | 13,280 | 2023 | +2.09% | +2.15% | View data |
| 3 | 3 Belgium | 11,770 | 2023 | +1.01% | +0.8% | View data |
| 4 | 4 Spain | 10,230 | 2023 | +2.31% | +0.52% | View data |
| 5 | 5 Netherlands | 7,770 | 2023 | +0.61% | +0.46% | View data |
| 6 | 6 Portugal | 2,500 | 2023 | +2.46% | +2.59% | View data |
| 7 | 7 Finland | 2,120 | 2023 | -0.93% | -1.84% | View data |
| 8 | 8 Slovakia | 644 | 2023 | +0.55% | +2.15% | View data |
| 9 | 9 Lithuania | 603.7 | 2023 | +4.05% | +4.89% | View data |
| 10 | 10 Slovenia | 597.6 | 2023 | +0.72% | +2.37% | View data |
