The Netherlands leads in environmentally related tax revenue from taxes on pollution in human health and social work activities, with a significant margin over other European countries in 2023. Belgium and Italy follow, though both showed declining trends. Switzerland, Portugal, Sweden, and Norway display slight growth, with Norway experiencing the most pronounced increase at 14.09% year-on-year. Conversely, Ireland, Estonia, and Austria witnessed declines, with Ireland dropping by 12.46%. Over five years, the CAGR suggests modest growth in Scandinavian countries, offsetting declines in others.
Future trends to watch include increasing emphasis on pollution taxes, driven by environmental policies. Nations may seek to align with EU sustainability goals, potentially boosting revenues. Additionally, the rise of green technologies may reduce pollution and tax bases in the long term.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Human Health and Social Work Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 68.06 | 2023 | +0.45% | +3.43% | View data |
| 2 | 2 Belgium | 13.73 | 2023 | -1.41% | -1.7% | View data |
| 3 | 3 Italy | 8.74 | 2023 | -6.04% | -9.58% | View data |
| 4 | 4 Switzerland | 4.44 | 2023 | -0.042% | +0.77% | View data |
| 5 | 5 Portugal | 0.99 | 2023 | +1.03% | +2.7% | View data |
| 6 | 6 Sweden | 0.92 | 2023 | +6.51% | +2.3% | View data |
| 7 | 7 Austria | 0.92 | 2023 | -1.75% | -4.3% | View data |
| 8 | 8 Norway | 0.44 | 2023 | -5.49% | +14.09% | View data |
| 9 | 9 Ireland | 0.38 | 2023 | +20.51% | -12.46% | View data |
| 10 | 10 Slovakia | 0.34 | 2023 | +3.34% | +5.09% | View data |