The analysis of European Environmentally Related Tax Revenue from Taxes on Pollution reveals noteworthy variations among countries. In 2023, France recorded the highest revenue at 16.88 million USD PPP 2015, with a significant 5.5% increase from the previous year. The United Kingdom saw a decline of 4.57% on its 14.79 million USD revenue. Denmark experienced growth of 3.41% reaching 12.75 million USD. Portugal, despite having one of the lowest revenues at 0.04 million USD, showed a robust 3% increase. Conversely, the Czech Republic recorded a sharp 25.04% decline, bringing its yield to only 0.0031 million USD. The past five years indicate diverse annual growth rates, with some countries experiencing consistent improvements while others faced stagnation or decline.
Future trends to watch include the increasing focus on environmental sustainability in policy frameworks across Europe, which may drive growth in tax revenues from pollution taxes. Observing countries with emerging legislative changes, or shifts in public and corporate environmental responsibility, could suggest shifts in tax revenue patterns. Additionally, technological advancements in pollution reduction might influence overall tax revenue trends, either diminishing or redirecting sources of taxable pollution.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Security and Investigation, Service and Landscape, Office Administrative and Support Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16.88 | 2023 | +3.58% | +5.5% | View data |
| 2 | 2 United Kingdom | 14.79 | 2023 | -3.43% | -4.57% | View data |
| 3 | 3 Denmark | 12.75 | 2023 | +3.24% | +3.41% | View data |
| 4 | 4 Poland | 4.37 | 2023 | -2.04% | -1% | View data |
| 5 | 5 Latvia | 3.95 | 2023 | +9.67% | +5.02% | View data |
| 6 | 6 Switzerland | 3 | 2023 | -0.69% | +0.25% | View data |
| 7 | 7 Belgium | 2.98 | 2023 | +3.71% | +3.58% | View data |
| 8 | 8 Italy | 2.95 | 2023 | -1.53% | -2.69% | View data |
| 9 | 9 Lithuania | 0.32 | 2023 | -1.66% | +2.02% | View data |
| 10 | 10 Portugal | 0.04 | 2023 | +1.02% | +3% | View data |
