In 2023, Bulgaria led the European environmentally related tax revenue in the water and waste management sector with $34.54 million, witnessing a slight 0.047% increase. Slovenia and France followed with $18.54 million and $16.67 million respectively, illustrating Slovenia's 0.42% growth but a 3.58% decline for France. Latvia and Cyprus showed strong growth, with increases of 4.4% and 17.41% respectively. Croatia and Denmark saw growth as well, although Croatia's revenue was significantly lower. Estonia's and Serbia's revenues decreased slightly from 2022. Over the past five years, varied CAGRs indicate diverse country-specific trends.
Future trends to watch include the integration of innovative water management technologies, enhanced regulatory frameworks, and increased geopolitical impact discussions within the European Union. These factors are likely to influence environmentally related tax revenues in this sector. Monitoring policy changes and their economic impact will be crucial for understanding future revenue distribution across European countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Water Supply; Sewerage, Waste Management and Remediation Activities by Country
| # | 9 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 34.54 | 2023 | +4.05% | +0.047% | View data |
| 2 | 2 Slovenia | 18.54 | 2023 | +0.46% | +0.42% | View data |
| 3 | 3 France | 16.67 | 2023 | -0.53% | -3.58% | View data |
| 4 | 4 Latvia | 9.01 | 2023 | +3.51% | +4.4% | View data |
| 5 | 5 Estonia | 6.27 | 2023 | +0.21% | -0.63% | View data |
| 6 | 6 Croatia | 0.41 | 2023 | +3.94% | +12.17% | View data |
| 7 | 7 Denmark | 0.14 | 2023 | +2.36% | +1.65% | View data |
| 8 | 8 Serbia | 0.11 | 2023 | +2.71% | +4.63% | View data |
| 9 | 9 Cyprus | 0.033 | 2023 | +7.16% | +17.41% | View data |