European Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Basic Pharmaceutical Products and Pharmaceutical Preparations by Country

In 2023, Italy led with the highest environmentally related tax revenue in manufacturing pharmaceuticals, followed by Poland and Switzerland. Most countries showed moderate growth, like Norway, with a notable increase, while others like Bulgaria witnessed substantial decreases. The compound annual growth rate over the past five years varied significantly, indicating divergent national policies or sectoral shifts in environmental taxation.

Looking ahead, factors influencing future tax revenues include policy adjustments for sustainability, shifts in pharmaceutical manufacturing locales, and increased emphasis on environmental practices. Monitoring these changes will provide insights into how these taxes evolve in response to broader economic and environmental strategies.