In 2023, Bulgaria led with environmental tax revenue from resources in wood, paper, printing, and reproduction at $1.44 million, seeing a 7.6% annual rise. Cyprus had the highest surge at 17.41%, despite a low base of $0.033 million. Croatia and Latvia also showed significant growth with 12.35% and 2.15%, respectively. Conversely, France and Estonia encountered declines, with France experiencing a 4.07% drop and Estonia a 6.54% decrease. Notably, Lithuania showed a moderate 4.54% growth.
Future trends to monitor include:
- The impact of stricter EU environmental regulations on the revenue from resource taxes.
- Potential shifts in resource tax policies influenced by evolving climate agreements.
- The role of technological advancements in reducing resource consumption and tax revenue.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Manufacturing of Wood, Paper, Printing and Reproduction by Country
| # | 8 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 1.44 | 2023 | +2.57% | +0.076% | View data |
| 2 | 2 Slovenia | 1.06 | 2023 | +0.22% | +0.46% | View data |
| 3 | 3 France | 0.86 | 2023 | -1.81% | -4.07% | View data |
| 4 | 4 Latvia | 0.76 | 2023 | +0.51% | +2.15% | View data |
| 5 | 5 Croatia | 0.67 | 2023 | +3.9% | +12.35% | View data |
| 6 | 6 Estonia | 0.43 | 2023 | -3.44% | -6.54% | View data |
| 7 | 7 Lithuania | 0.33 | 2023 | +5.74% | +4.54% | View data |
| 8 | 8 Cyprus | 0.033 | 2023 | +7.16% | +17.41% | View data |
