In 2023, Sweden led Europe with the highest environmentally related tax revenue from all environmental taxes in forestry and logging, followed by France and Belgium. Sweden experienced a slight decline, while Belgium and Estonia showed notable increases. Italy, the UK, and several other countries saw modest growth. Conversely, Norway, Slovakia, and a few others faced declines. Over the past five years, the compound annual growth rate highlights varied performances across countries, with some improving steadily while others struggled.
Future trends to watch include:
- Potential policy shifts towards higher environmental taxes.
- The role of innovative sustainable forestry practices impacting tax revenues.
- The impact of economic shifts on legislative priorities and tax rates in this sector.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Forestry and Logging by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 175.48 | 2023 | -1.52% | -1.93% | View data |
| 2 | 2 France | 71.85 | 2023 | +3.21% | +0.53% | View data |
| 3 | 3 Belgium | 51.51 | 2023 | +5% | +3.68% | View data |
| 4 | 4 Latvia | 45.29 | 2023 | +5.22% | +3.42% | View data |
| 5 | 5 Italy | 37.25 | 2023 | +1.31% | +1.35% | View data |
| 6 | 6 United Kingdom | 36.54 | 2023 | +2.27% | +0.94% | View data |
| 7 | 7 Poland | 27.12 | 2023 | +0.41% | -0.35% | View data |
| 8 | 8 Estonia | 24.88 | 2023 | +14.27% | +6.33% | View data |
| 9 | 9 Switzerland | 21.2 | 2023 | +1.2% | +1.01% | View data |
| 10 | 10 Portugal | 20.13 | 2023 | +3.08% | +1.41% | View data |
