In 2024, Austria leads with a revenue of 13.55 million USD from environmentally related taxes on pollution in basic metals manufacturing, followed by Poland at 10.16 million USD. The United Kingdom's figures plummeted by 25.13% in 2023, whereas Ireland and Lithuania experienced increases of 4.87% and 9.5%, respectively. Most other countries, including Switzerland, Sweden, and Norway, saw declines. Overall, this indicates a varied approach across Europe, affected by differing national environmental policies and economic conditions.
For future trends, watch for:
- Impact of stricter EU environmental regulations potentially increasing tax revenues.
- Shifts in manufacturing practices aimed at reducing pollution, influencing tax rates.
- Technological advancements that may mitigate pollution risks, altering tax structures.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Basic Metals by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 13.55 | 2023 | +3.05% | -1.02% | View data |
| 2 | 2 Poland | 10.16 | 2023 | -2.4% | -2.02% | View data |
| 3 | 3 United Kingdom | 6.13 | 2023 | -39.43% | -25.13% | View data |
| 4 | 4 Ireland | 1.39 | 2023 | +13.89% | +4.87% | View data |
| 5 | 5 Switzerland | 0.38 | 2023 | -7.45% | -6.99% | View data |
| 6 | 6 Romania | 0.23 | 2023 | +0.56% | +0.78% | View data |
| 7 | 7 Sweden | 0.18 | 2023 | -7.32% | -7.15% | View data |
| 8 | 8 Iceland | 0.073 | 2023 | +2.79% | -2.65% | View data |
| 9 | 9 Norway | 0.064 | 2023 | -36.61% | -12.31% | View data |
| 10 | 10 Lithuania | 0.019 | 2023 | -0.3% | +9.5% | View data |
