In 2023, Italy led with the highest tax revenue among European countries in the sector, followed by the UK and France. Notable growth was seen in Ireland, Spain, and Hungary, indicating increased focus on environmental tax policies. In contrast, Finland experienced a substantial decline, while other countries like Norway and Bulgaria saw moderate decreases. The compound annual growth rate (CAGR) over the last five years highlights the varying commitment to environmental taxation across Europe, with some countries showing consistent growth and others fluctuating.
Future trends to watch:
- Increasing emphasis on sustainable practices could drive tax revenue in progressive economies, especially in waste management and remediation activities.
- Countries experiencing declines may implement policy changes to align with regional sustainability goals.
- Technological advancements and EU regulations could influence revenue projection trajectories.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Water Supply; Sewerage, Waste Management and Remediation Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,180 | 2023 | +0.97% | +0.74% | View data |
| 2 | 2 United Kingdom | 782.68 | 2023 | -0.53% | -1.03% | View data |
| 3 | 3 France | 533.24 | 2023 | +4.12% | -0.87% | View data |
| 4 | 4 Spain | 424.9 | 2023 | +3% | +3.74% | View data |
| 5 | 5 Belgium | 230.62 | 2023 | +1.4% | +0.45% | View data |
| 6 | 6 Netherlands | 190.26 | 2023 | -1.63% | +3.08% | View data |
| 7 | 7 Hungary | 174.62 | 2023 | +2.83% | +3.15% | View data |
| 8 | 8 Switzerland | 158.38 | 2023 | +3.46% | +2.62% | View data |
| 9 | 9 Sweden | 146.36 | 2023 | +2.27% | +2.2% | View data |
| 10 | 10 Czech Republic | 129.51 | 2023 | +0.47% | -0.69% | View data |
