The European environmentally related tax revenue from all environmental taxes in the arts, entertainment, and recreation sectors illustrates varying trends across nations. France leads with the highest revenue in 2023, followed by the United Kingdom and Germany. France also saw a notable 2.32% increase, while the United Kingdom experienced 1.77% growth. Noteworthy is the decline in Germany and Denmark, with -0.32% and -5.72% respectively. Emerging economies like Slovakia, Hungary, Estonia, and Slovenia demonstrated significant growth rates. Over a five-year horizon, expect continued variability driven by economic policies, with potential upward shifts in tax revenues due to increasing environmental regulations.
Future trends to watch for include:
- Enhanced environmental policies possibly leading to increased tax contributions, especially in larger economies.
- Technological advancements improving transparency and efficiency in tax collection, indirectly impacting revenues.
- Smaller countries showing adaptability in adopting green tax policies could witness incremental revenue improvements.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Arts, Entertainment and Recreation Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 38.33 | 2023 | +5.54% | +2.32% | View data |
| 2 | 2 United Kingdom | 18.22 | 2023 | +0.92% | +1.77% | View data |
| 3 | 3 Germany | 15.97 | 2023 | -0.4% | -0.32% | View data |
| 4 | 4 Sweden | 4.39 | 2023 | +1.89% | +1.86% | View data |
| 5 | 5 Poland | 4.38 | 2023 | +0.27% | -4.47% | View data |
| 6 | 6 Belgium | 3.38 | 2023 | +1.61% | +1.09% | View data |
| 7 | 7 Finland | 3 | 2023 | -0.62% | -1.06% | View data |
| 8 | 8 Denmark | 2.71 | 2023 | +0.053% | -5.72% | View data |
| 9 | 9 Austria | 2.27 | 2023 | +2.05% | +1.31% | View data |
| 10 | 10 Ireland | 1.47 | 2023 | +3.19% | +1.41% | View data |
