The 2023 data indicates significant disparities in public sector spending on environmental protection across Europe. Germany led with transfers of €5.3 billion Euros, demonstrating a commitment to environmental investment. Belgium and France followed at €2.45 billion and €1.62 billion, respectively. Smaller economies such as Latvia and Estonia contributed much less, below €0.02 billion Euros.
Year-on-year changes revealed positive trends in Germany (1.74%) and Spain (3.46%), while Italy and Latvia experienced significant declines at -8.01% and -17.55%, respectively. Over the past five years, European countries exhibited varying CAGR, reflecting diverse investment priorities and economic capabilities.
Looking ahead, future trends may involve increased funding for green technologies and sustainable development aligned with EU climate goals. Watch for shifts in investment as countries bolster climate resilience and energy transition efforts, influenced by economic, policy, and environmental drivers.
Top countries in Current and Capital Transfers Paid for Environmental Protection in All Environmental Protection Activities in All Activities by the Public Sector by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,300 | 2023 | +2.87% | +1.74% | View data |
| 2 | 2 Belgium | 2,450 | 2023 | -0.67% | -0.63% | View data |
| 3 | 3 France | 1,620 | 2023 | +2.5% | +0.87% | View data |
| 4 | 4 Greece | 1,120 | 2023 | -0.36% | +0.64% | View data |
| 5 | 5 Netherlands | 407.2 | 2023 | -1.19% | -1.47% | View data |
| 6 | 6 Italy | 399.9 | 2023 | -10.42% | -8.01% | View data |
| 7 | 7 Spain | 390 | 2023 | -0.76% | +3.46% | View data |
| 8 | 8 Ireland | 338.4 | 2023 | -2.42% | -3.6% | View data |
| 9 | 9 Finland | 291.5 | 2023 | -3.19% | -3.02% | View data |
| 10 | 10 Luxembourg | 82.4 | 2023 | +4.17% | +3.2% | View data |
