In 2023, Hungary generated the highest tax revenue from pollution-related taxes in the manufacturing of computer, electronic, and optical products, followed by Sweden and France. Tax revenues increased notably in Ireland, Hungary, and Sweden, reflecting robust environmental tax policies or increased manufacturing activities. In contrast, Italy, the United Kingdom, and Slovenia experienced significant declines, possibly due to reduced manufacturing outputs or shifts towards cleaner production processes.
Looking forward, future trends in European environmentally related taxes could focus on further encouraging clean technology adoption, convergence of tax policies across countries, and ensuring the alignment of tax strategies with sustainability goals in the manufacturing sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 11.37 | 2023 | +4.33% | +9.19% | View data |
| 2 | 2 Sweden | 8.96 | 2023 | +6.46% | +9.1% | View data |
| 3 | 3 France | 2.14 | 2023 | +1.82% | +5.45% | View data |
| 4 | 4 Switzerland | 1.75 | 2023 | +0.56% | +2.04% | View data |
| 5 | 5 Italy | 0.34 | 2023 | -3.93% | -6.87% | View data |
| 6 | 6 United Kingdom | 0.28 | 2023 | -29.34% | -19.38% | View data |
| 7 | 7 Ireland | 0.18 | 2023 | +11.63% | +24.46% | View data |
| 8 | 8 Belgium | 0.17 | 2023 | -4.95% | -4.04% | View data |
| 9 | 9 Austria | 0.15 | 2023 | +4.86% | +0.68% | View data |
| 10 | 10 Serbia | 0.063 | 2023 | +3.72% | +2.35% | View data |
