In 2023, Poland led European countries in environmentally related tax revenue from taxes on pollution in the manufacturing of electrical equipment, recording the highest share. Other countries such as Hungary, the United Kingdom, and Switzerland had considerably lower values. Year-on-year variations indicate a mixture of growth and decline: Latvia experienced the highest growth, while Bulgaria saw the most significant decline. Over the last five years, the market demonstrated diverse growth patterns with key countries showing modest gains or declines, except for notable dips in the UK and increments in Serbia.
Future trends to watch include the potential impact of evolving environmental regulations and technological advancements, which could lead to shifts in tax revenue patterns. The implementation of stricter pollution control measures across Europe might influence the redistribution of tax revenue shares among countries, with potential increases in regions adapting more quickly to eco-friendly manufacturing practices.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Electrical Equipment Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 92.7 | 2023 | +0.72% | +1.59% | View data |
| 2 | 2 Hungary | 4.12 | 2023 | +3.41% | -2.92% | View data |
| 3 | 3 United Kingdom | 1.03 | 2023 | -11.08% | -9.54% | View data |
| 4 | 4 Switzerland | 0.68 | 2023 | -1.18% | +0.16% | View data |
| 5 | 5 Serbia | 0.63 | 2023 | +5.44% | +8.12% | View data |
| 6 | 6 Belgium | 0.22 | 2023 | -2.4% | -1.44% | View data |
| 7 | 7 Slovakia | 0.18 | 2023 | +3.35% | +8.82% | View data |
| 8 | 8 Lithuania | 0.15 | 2023 | +3.28% | +6.93% | View data |
| 9 | 9 Slovenia | 0.096 | 2023 | -11.45% | +1.36% | View data |
| 10 | 10 Bulgaria | 0.056 | 2023 | -53.03% | -33.26% | View data |
