The European Environmentally Related Tax Revenue from Taxes on Pollution in Fishing and Aquaculture showed varied trends across countries in 2023. France led with significantly higher tax revenue of $166.6 million, showing a modest increase of 2.46% from the previous year. Malta experienced the highest growth rate at 7.56%, while Portugal also saw a substantial rise of 8.81%. Conversely, Denmark and Poland displayed notable declines in tax revenue, with decreases of 4.02% and 4.87%, respectively. The United Kingdom and Spain had slight increases, whereas other countries demonstrated mixed trends. Over the last five years, fluctuations have resulted in varied compound annual growth rates across the region.
Looking forward, European countries may witness further changes influenced by stricter environmental regulations and advancements in sustainable practices within the fishing and aquaculture industries. Countries that innovate in reducing pollution and improving ecological practices are likely to see changes in tax structures and revenues. Monitoring shifts in governmental policies and industry practices will be crucial to understand future tax revenue trends in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Fishing and Aquaculture by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 166.6 | 2023 | +9.89% | +2.46% | View data |
| 2 | 2 Malta | 5.29 | 2023 | +38.56% | +7.56% | View data |
| 3 | 3 United Kingdom | 0.91 | 2023 | +2.59% | +1.4% | View data |
| 4 | 4 Spain | 0.48 | 2023 | +9.81% | +1.91% | View data |
| 5 | 5 Denmark | 0.23 | 2023 | +5.15% | -4.02% | View data |
| 6 | 6 Iceland | 0.2 | 2023 | +3.41% | -1.42% | View data |
| 7 | 7 Poland | 0.2 | 2023 | -7.05% | -4.87% | View data |
| 8 | 8 Hungary | 0.034 | 2023 | +3.69% | +2.85% | View data |
| 9 | 9 Sweden | 0.018 | 2023 | +6.55% | +3.89% | View data |
| 10 | 10 Portugal | 0.017 | 2023 | +9.33% | +8.81% | View data |
