In 2023, France leads in environmentally related tax revenue with $19.49 million, followed by the UK with $4.38 million. France and Hungary showed significant growth in revenues, with year-on-year increases of 5.82% and 10.49%, respectively. Conversely, the UK and Iceland experienced declines, dropping 4.16% and 5.93%. Latvia showed remarkable growth, surging by 42.72%, albeit starting from a lower base. Over five years, varied growth continues to characterize the European landscape, showing both steady and volatile trends among different countries.
Future trends may see stable growth in France and potential for rapid development in smaller markets like Latvia. The impact of evolving environmental policies and EU regulations will be crucial for shaping future revenue streams in these sectors, enabling countries to capitalize on green tax strategies.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Legal and Accounting Activities; Activities of Head Offices; Management Consultancy Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 19.49 | 2023 | +4.81% | +5.82% | View data |
| 2 | 2 United Kingdom | 4.38 | 2023 | -3.8% | -4.16% | View data |
| 3 | 3 Italy | 4.07 | 2023 | +1.99% | +2.18% | View data |
| 4 | 4 Poland | 2.35 | 2023 | -1.25% | -0.088% | View data |
| 5 | 5 Hungary | 0.53 | 2023 | +4.07% | +10.49% | View data |
| 6 | 6 Austria | 0.51 | 2023 | +3.82% | +0.84% | View data |
| 7 | 7 Serbia | 0.4 | 2023 | +2.38% | -0.25% | View data |
| 8 | 8 Sweden | 0.18 | 2023 | +6.52% | +2.16% | View data |
| 9 | 9 Latvia | 0.022 | 2023 | +1.52% | +42.72% | View data |
| 10 | 10 Estonia | 0.019 | 2023 | -19.24% | +2.78% | View data |
