European Environmentally Related Tax Revenue from Taxes on Pollution in Accommodation and Food Service Activities Share by Country (Million US Dollars PPP = 2015)

The analysis of 2023 shows Belgium leading in environmentally related tax revenue from taxes on pollution in the accommodation and food service activities sector with $35 million, followed distantly by the UK at $14 million. Countries like Poland and the Netherlands exhibit moderate revenue values around $13.27 million and $11.63 million, respectively. Notably low revenues are reported from Croatia and Romania. Over recent years, Ireland experienced a remarkable growth rate of 34.76%, suggesting a significant increase in tax revenue efficiency, while Austria saw a decrease of 23.39%, indicating challenges in maintaining its tax revenue levels.

Future trends to watch include growth in countries with increasing environmental tax rates, potentially driven by EU regulatory shifts towards taxing pollution more aggressively in this sector. In particular, attention should be paid to Baltic countries like Lithuania and Latvia, which showed strong percentage growth in 2023, indicating the possibility of further uptick driven by policy changes or economic activities aimed at sustainability. Conversely, countries with declining revenues, such as Austria and Croatia, may need to reassess their strategies to counteract this negative trend.