In 2023, Poland led the European environmentally related tax revenue from pollution in manufacturing sectors, with a significant revenue of 44.16 million USD, followed by Italy and the UK. The year-on-year analysis highlighted notable changes with Malta and Latvia experiencing significant increases of 4.08% and 10.96%, respectively. Conversely, Bulgaria had a sharp decline of 55.71%, and Austria fell by 17.04%. Sweden and Spain showed growth, while major countries like the UK and Italy faced declines at 9.45% and 2.05%, respectively.
Looking ahead, tax revenue trends may be influenced by increased regulatory pressure to reduce emissions, as countries enhance green policies. Furthermore, technological advancements in manufacturing processes could either mitigate or augment pollution levels, thereby impacting future tax revenues across the European landscape.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 44.16 | 2023 | -0.38% | -0.045% | View data |
| 2 | 2 Italy | 20.03 | 2023 | -0.28% | -2.05% | View data |
| 3 | 3 United Kingdom | 12.7 | 2023 | -11.55% | -9.45% | View data |
| 4 | 4 Switzerland | 8.98 | 2023 | -1.88% | -0.54% | View data |
| 5 | 5 Hungary | 4.59 | 2023 | +0.31% | -1.91% | View data |
| 6 | 6 Sweden | 4.12 | 2023 | +6.7% | +3.18% | View data |
| 7 | 7 Spain | 2.11 | 2023 | +5.06% | +2.88% | View data |
| 8 | 8 Lithuania | 1.26 | 2023 | -0.44% | -4.06% | View data |
| 9 | 9 Malta | 1.17 | 2023 | +1.82% | +4.08% | View data |
| 10 | 10 Serbia | 0.96 | 2023 | +5.32% | +3.29% | View data |
