In 2023, Poland led in environmentally related tax revenue from pollution in the manufacturing of electrical equipment, with a significantly higher value compared to other European countries. Year-on-year, Latvia, Slovakia, and Serbia exhibited robust growth, while countries like the United Kingdom and Finland experienced declines. Over five years, Serbia showed the most notable CAGR in this sector, reflecting a growing focus on environmental taxation within its manufacturing industry.
Future trends to watch include the integration of more stringent EU-wide sustainability mandates, which may elevate tax revenues in countries historically weaker in these initiatives. Poland's stronghold suggests other nations might follow similar regulatory reforms to enhance fiscal reliance on eco-taxes.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Electrical Equipment by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 51.37 | 2023 | +0.72% | +1.59% | View data |
| 2 | 2 Hungary | 2.28 | 2023 | +3.41% | -2.92% | View data |
| 3 | 3 United Kingdom | 0.57 | 2023 | -11.08% | -9.54% | View data |
| 4 | 4 Switzerland | 0.38 | 2023 | -1.18% | +0.16% | View data |
| 5 | 5 Serbia | 0.35 | 2023 | +5.44% | +8.12% | View data |
| 6 | 6 Belgium | 0.12 | 2023 | -2.4% | -1.44% | View data |
| 7 | 7 Slovakia | 0.1 | 2023 | +3.35% | +8.82% | View data |
| 8 | 8 Lithuania | 0.086 | 2023 | +3.28% | +6.93% | View data |
| 9 | 9 Slovenia | 0.053 | 2023 | -11.45% | +1.36% | View data |
| 10 | 10 Bulgaria | 0.031 | 2023 | -53.03% | -33.26% | View data |