In 2023, France led European countries with $35.5m in environmentally related tax revenue from pollution in cultural and entertainment sectors, reflecting an 8.22% year-on-year growth. Belgium recorded a slight decrease of 0.096%, with revenues at $21.38m. Poland and Sweden showed moderate growth, while Serbia experienced a notable 7.07% increase. Revenue from Hungary, Portugal, and Austria remained relatively stable. Lithuania, despite lower absolute values, saw a significant 12.46% uptick. Conversely, Romania encountered a decrease of 7.66%. Overall, compound annual growth rates (CAGR) over the past five years indicate steady growth across most countries, with minor exceptions.
Future trends to watch include the potential influence of stricter environmental policies, increased cultural funding, and technological advancements in gambling and entertainment sectors. Countries might also refocus taxation strategies to drive green initiatives, potentially altering the distribution of these revenues across sectors.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Creative, Arts and Entertainment Activities; Libraries, Archives, Museums and Other Cultural Activities; Gambling and Betting Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 35.5 | 2023 | +7.56% | +8.22% | View data |
| 2 | 2 Belgium | 21.38 | 2023 | +0.11% | -0.096% | View data |
| 3 | 3 Poland | 19.49 | 2023 | -0.45% | +0.5% | View data |
| 4 | 4 Sweden | 13.02 | 2023 | +6.52% | +2.94% | View data |
| 5 | 5 Serbia | 3.56 | 2023 | +4.87% | +7.07% | View data |
| 6 | 6 Hungary | 2.58 | 2023 | +5.87% | +0.36% | View data |
| 7 | 7 Portugal | 2.26 | 2023 | +1% | +2.93% | View data |
| 8 | 8 Austria | 1.25 | 2023 | +4.51% | +0.49% | View data |
| 9 | 9 Lithuania | 0.37 | 2023 | +1.83% | +12.46% | View data |
| 10 | 10 Malta | 0.34 | 2023 | +3.21% | +1.43% | View data |
