The analysis of European environmentally related tax revenue from taxes on resources in mining and quarrying reveals significant disparities among countries. The United Kingdom leads with $558.41 million, followed by Spain at $232.12 million. France lags at $17.99 million, with smaller figures in Cyprus ($5.53 million), Latvia ($3.17 million), Belgium ($1.21 million), Poland ($0.18 million), and Slovenia ($0.095 million). Over the last two years, growth was notable in the UK and Spain, whereas France and Poland experienced declines. The last 5-year CAGR analysis shows a complex landscape of growth and contraction across countries.
Future trends to watch include increasing environmental regulations and policies that may drive revenues, technological advancements affecting the mining sector, and cross-country collaboration on sustainable mining practices. Monitoring economic recovery patterns post-pandemic and alignment with EU environmental goals will also be essential for forecasting future revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Mining and Quarrying by Country
| # | 8 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 558.41 | 2023 | +1.37% | +2.26% | View data |
| 2 | 2 Spain | 232.12 | 2023 | +3.18% | +2.55% | View data |
| 3 | 3 France | 17.99 | 2023 | -13.01% | -11.27% | View data |
| 4 | 4 Cyprus | 5.53 | 2023 | -0.12% | -0.21% | View data |
| 5 | 5 Latvia | 3.17 | 2023 | +1.23% | -0.3% | View data |
| 6 | 6 Belgium | 1.21 | 2023 | +4.32% | +1.61% | View data |
| 7 | 7 Poland | 0.18 | 2023 | -30.19% | -20.03% | View data |
| 8 | 8 Slovenia | 0.095 | 2023 | +0.45% | +1.13% | View data |
