The European Environmentally Related Tax Revenue from Taxes on Pollution in Water Supply, Sewerage, Waste Management and Remediation Activities displays notable diversity across countries. In 2023, the United Kingdom led with a substantial revenue collection, despite a slight decline. France, Switzerland, Belgium, and Hungary also featured prominently, showing a mix of incremental increases and minor decreases. Italy experienced a notable downturn, while Denmark saw the largest drop. Meanwhile, smaller economies like Estonia, Spain, Lithuania, and Portugal presented moderate fluctuations. The Czech Republic recorded the most significant decline. Over the last five years, the trends reflect both growing environmental consciousness and varied economic conditions across the region.
Looking ahead, it's crucial to monitor regulatory changes in environmental policy, technological advancements, and societal emphasis on sustainability, as they could significantly impact tax revenue trends in this sector across Europe. Additionally, countries may shift focus towards stricter pollution control measures, which could influence tax values either by encouraging compliance or through increased taxation to enforce pollution reduction initiatives.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Water Supply; Sewerage, Waste Management and Remediation Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 344.12 | 2023 | -2.44% | -3.33% | View data |
| 2 | 2 France | 132.02 | 2023 | +6.43% | -0.29% | View data |
| 3 | 3 Switzerland | 129.32 | 2023 | +3.61% | +2.05% | View data |
| 4 | 4 Belgium | 100.42 | 2023 | +0.7% | -1.36% | View data |
| 5 | 5 Hungary | 78.11 | 2023 | +4.16% | +3.92% | View data |
| 6 | 6 Italy | 33.35 | 2023 | -4.71% | -8.42% | View data |
| 7 | 7 Austria | 29.07 | 2023 | +3.18% | +0.052% | View data |
| 8 | 8 Estonia | 9.71 | 2023 | -0.37% | -1.51% | View data |
| 9 | 9 Spain | 8.5 | 2023 | +2.29% | +3.7% | View data |
| 10 | 10 Poland | 7.19 | 2023 | -0.72% | -0.35% | View data |