In 2023, Italy led in climate change-related pollution tax revenue, reaching 1.33 billion USD in PPP terms, with a year-on-year growth of 4.97%. The United Kingdom and the United States followed, with the UK experiencing a decline of 4.94% while the US grew by 4.38%. Estonia demonstrated remarkable growth at 23.68%. In contrast, countries like Senegal and Greece saw significant declines in revenue. The 5-year CAGR indicates contrasting trends among countries, with some maintaining growth and others facing declines, reflecting varying national policies and economic conditions.
Future trends suggest a potential increase in revenue for countries emphasizing stricter carbon taxation and broader environmental regulation policies. However, geopolitical factors and global economic conditions may influence these policies' development and implementation.
Top countries in Climate Change-Related Pollution Tax Revenue by Country
| # | 10 Countries | Million US Dollars PPP = 2010 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,330 | 2023 | +0.78% | +4.97% | View data |
| 2 | 2 United Kingdom | 894.37 | 2023 | -5.84% | -4.94% | View data |
| 3 | 3 United States | 698.71 | 2023 | +6.18% | +4.38% | View data |
| 4 | 4 Estonia | 677.06 | 2023 | +16.67% | +23.68% | View data |
| 5 | 5 Kazakhstan | 625.95 | 2023 | -1.03% | -0.1% | View data |
| 6 | 6 Spain | 414.6 | 2023 | +5.44% | -1.45% | View data |
| 7 | 7 South Africa | 362.77 | 2023 | +34.26% | View data | |
| 8 | 8 Chile | 251.1 | 2023 | +3.14% | -1.06% | View data |
| 9 | 9 Israel | 142.77 | 2023 | +1.85% | +2.23% | View data |
| 10 | 10 Uganda | 125.24 | 2023 | +3.23% | +8.4% | View data |