In 2023, Germany, Switzerland, and the United Kingdom led in environmentally related tax revenue within the manufacturing sector of computer, electronic, and optical products, with Germany significantly outpacing other countries. Despite a slight decrease, Germany maintained its leadership. Switzerland and Belgium experienced mild increases, whereas Hungary saw the most significant growth. In contrast, significant declines were noted in Cyprus, Lithuania, and Denmark, with the latter experiencing the largest drop. Overall, the five-year CAGR indicates a varied landscape, with some countries steadily increasing their revenue while others demonstrate unstable growth.
Future trends to watch include:
- The impact of regulatory changes on tax revenues, particularly in Germany and Switzerland.
- Technological advancements influencing manufacturing practices and potentially altering tax bases.
- Increasing emphasis on sustainability may drive future tax policy adjustments across Europe.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 201.38 | 2023 | -0.39% | -0.84% | View data |
| 2 | 2 Switzerland | 67.53 | 2023 | +2.03% | +1.89% | View data |
| 3 | 3 United Kingdom | 51.41 | 2023 | -0.072% | +0.19% | View data |
| 4 | 4 Poland | 17.55 | 2023 | -1.59% | -2.9% | View data |
| 5 | 5 Ireland | 16.95 | 2023 | +1.64% | -4.36% | View data |
| 6 | 6 Belgium | 15.31 | 2023 | +2.54% | +1.51% | View data |
| 7 | 7 Hungary | 13.86 | 2023 | +3.47% | +6.27% | View data |
| 8 | 8 Netherlands | 13.59 | 2023 | +4.27% | -2.41% | View data |
| 9 | 9 Sweden | 11.02 | 2023 | +3.5% | +4.67% | View data |
| 10 | 10 Finland | 9.71 | 2023 | +0.79% | +0.65% | View data |
