The revenue from environmentally related taxes on pollution in the manufacturing of basic metals varies significantly across European countries. In 2023, France led with $35.29 million, reflecting a growth of 5.56% year-on-year. Poland and Belgium also saw positive changes at -1.53% and 3.7%, respectively. Conversely, the UK experienced a sharp decline of 22.26%. Over the past two years, most countries exhibited negative growth with some exceptions. The five-year CAGR highlights a mixed trend but indicates general stagnation or decline in revenue.
Future trends to monitor include the tightening of environmental regulations, which could elevate tax revenues. Technological advancements aiming to reduce pollution in metal manufacturing may also influence tax policies and subsequent revenues across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Basic Metals Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35.29 | 2023 | +4.77% | +5.56% | View data |
| 2 | 2 Poland | 17.59 | 2023 | -2.45% | -1.53% | View data |
| 3 | 3 Austria | 12.07 | 2023 | +3.04% | -0.42% | View data |
| 4 | 4 Slovakia | 8.76 | 2023 | -2.91% | -5.39% | View data |
| 5 | 5 Belgium | 7.92 | 2023 | +3.04% | +3.7% | View data |
| 6 | 6 Spain | 7.09 | 2023 | +10.45% | +3.43% | View data |
| 7 | 7 United Kingdom | 6.45 | 2023 | -34.04% | -22.26% | View data |
| 8 | 8 Italy | 3.26 | 2023 | -2.87% | -4.53% | View data |
| 9 | 9 Serbia | 1.85 | 2023 | +3.17% | +1.52% | View data |
| 10 | 10 Hungary | 1.19 | 2023 | -3.12% | -3.17% | View data |