The European Environmentally Related Tax Revenue for the manufacturing sector, including furniture, jewellery, musical instruments, toys, and machinery, displays significant variability across countries. In 2023, France led with $224.77 million, followed by Germany at $166.02 million. Notable smaller contributors were Iceland and Cyprus. Year-on-year changes show Germany's revenue declining significantly by 4.35%, while Finland experienced a modest increase of 2.03%. Over the past five years, growth trends varied greatly, with countries like Portugal and Czech Republic seeing slight positive upticks, whereas Denmark faced a more pronounced decline.
- Denmark faced the steepest reduction in 2023 with a 9.9% drop, contrasting with Finland's growth.
- Meanwhile, larger economies such as France and Germany showed modest decreases.
- Small countries presented varied trends, generally fluctuating with lower absolute changes.
Looking ahead, monitoring policy shifts towards greener initiatives will be critical, as these could significantly alter tax revenues. Additionally, further economic integration within Europe may influence both the collection and distribution of environmental taxes.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 224.77 | 2023 | +2.61% | -1.04% | View data |
| 2 | 2 Germany | 166.02 | 2023 | -4.59% | -4.35% | View data |
| 3 | 3 Poland | 89.96 | 2023 | +0.83% | -1.42% | View data |
| 4 | 4 Czech Republic | 38.02 | 2023 | +1.03% | +0.86% | View data |
| 5 | 5 Switzerland | 36.17 | 2023 | +0.87% | -0.42% | View data |
| 6 | 6 Portugal | 27.87 | 2023 | +2.8% | +1.01% | View data |
| 7 | 7 Denmark | 20.73 | 2023 | -9.78% | -9.9% | View data |
| 8 | 8 Finland | 17.41 | 2023 | +3.53% | +2.03% | View data |
| 9 | 9 Greece | 13.24 | 2023 | -5.45% | -4.87% | View data |
| 10 | 10 Serbia | 5.38 | 2023 | +3.44% | +0.47% | View data |
