Poland leads European countries with a tax revenue of 1.18 million USD PPP, despite a negative trend in 2023. Norway follows with a 4.93% year-on-year increase. Lithuania marked a modest 1.18% increase, while Finland and Italy experienced declines of 1.08% and 23.67%, respectively. Significant growth was observed in Austria at 5.51%, and Belgium at 4.96%. Serbia increased by 4.2%, Slovakia at 1.42%, while Portugal saw a slight rise of 2.07%. Iceland suffered the largest decline at 13.51%, with its revenue remaining minuscule. Over the last five years, these trends indicate shifting dynamics across the region.
Future trends to monitor include policy changes impacting tax rates and the emphasis on sustainability, which could influence tax revenue. Technological advances in logging practices and environmental legislation will likely shape the regional landscape. Countries like Austria and Belgium might see continued growth owing to proactive environmental measures, whereas regions with declining numbers, like Iceland and Italy, may need strategic changes to reverse trends.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Forestry and Logging by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1.18 | 2023 | -1.5% | -0.59% | View data |
| 2 | 2 Norway | 1.06 | 2023 | +3.6% | +4.93% | View data |
| 3 | 3 Lithuania | 0.39 | 2023 | -0.022% | +1.18% | View data |
| 4 | 4 Finland | 0.25 | 2023 | -0.27% | -1.08% | View data |
| 5 | 5 Serbia | 0.17 | 2023 | +3.95% | +4.2% | View data |
| 6 | 6 Slovakia | 0.017 | 2023 | -0.84% | +1.42% | View data |
| 7 | 7 Austria | 0.016 | 2023 | +5.68% | +5.51% | View data |
| 8 | 8 Belgium | 0.015 | 2023 | +5.05% | +4.96% | View data |
| 9 | 9 Italy | 0.014 | 2023 | -37.78% | -23.67% | View data |
| 10 | 10 Romania | 0.005 | 2023 | +0.16% | -0.51% | View data |