The 2024 data highlights France's significant tax revenue from pollution in manufacturing of fabricated metal products at 8.09 million USD, followed by Italy and the United Kingdom. France's revenue growth aligns with a 3.22% year-on-year increase. While Italy, Belgium, and the UK have faced declines, smaller economies like Hungary and Malta show positive growth trajectories. Notably, Finland experiences a significant drop in revenue, indicating changes in environmental taxation or manufacturing activity. Latvia and Estonia, though with lower values, demonstrate notable growth percentages.
Looking ahead, it's essential to monitor shifts in environmental policies and manufacturing practices that may impact tax revenues. Potential increased emphasis on sustainability might spur countries to adopt higher environmental taxes, promoting greener manufacturing processes across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Fabricated Metal Products (Except Machinery and Equipment) by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 8.09 | 2023 | +1.55% | +3.22% | View data |
| 2 | 2 Italy | 4.55 | 2023 | -1.28% | -3.49% | View data |
| 3 | 3 United Kingdom | 2.16 | 2023 | -15.37% | -11.7% | View data |
| 4 | 4 Denmark | 1.15 | 2023 | -4.73% | -7.74% | View data |
| 5 | 5 Belgium | 1.08 | 2023 | -4.19% | -3.8% | View data |
| 6 | 6 Hungary | 0.82 | 2023 | +2.91% | +3.3% | View data |
| 7 | 7 Malta | 0.23 | 2023 | +1.58% | +3.88% | View data |
| 8 | 8 Slovakia | 0.21 | 2023 | +1.46% | +2.14% | View data |
| 9 | 9 Estonia | 0.079 | 2023 | +7.36% | +6.05% | View data |
| 10 | 10 Latvia | 0.059 | 2023 | +2.48% | +2.16% | View data |
