In 2023, Estonia led the charge in climate change-related pollution tax revenue as a percentage of GDP, followed by Malta and Uganda. These countries have demonstrated decisive growth, particularly Estonia with a significant increase. In contrast, Senegal, Bhutan, and Norway saw notable declines. Over the past five years, Croatia and Guatemala have shown resilience with upward trends, while countries like Chile and Senegal struggled with negative growth.
Future trends to watch include the potential increase in tax revenue attributable to heightened global emphasis on combating climate change. Countries with strong climate policies might see further growth, while fluctuations in global economic conditions may also affect revenues.
Top countries in Climate Change-Related Pollution Tax Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 1.41 | 2023 | +15.57% | +21.16% | View data |
| 2 | 2 Malta | 0.17 | 2023 | 0% | +3.96% | View data |
| 3 | 3 Uganda | 0.12 | 2023 | 0% | +5.92% | View data |
| 4 | 4 Italy | 0.06 | 2023 | 0% | +3.71% | View data |
| 5 | 5 Chile | 0.05 | 2023 | 0% | -3.58% | View data |
| 6 | 6 Senegal | 0.037 | 2023 | +3.6% | -19.43% | View data |
| 7 | 7 Portugal | 0.03 | 2023 | 0% | +8.45% | View data |
| 8 | 8 Guatemala | 0.03 | 2023 | 0% | +8.45% | View data |
| 9 | 9 Slovakia | 0.03 | 2023 | 0% | View data | |
| 10 | 10 Bhutan | 0.02 | 2023 | -33.33% | -20.47% | View data |
