In 2023, the United Kingdom led European environmentally related tax revenue from all environmental taxes in real estate activities, at over 451 million USD. France followed with 231 million, while the Netherlands, Belgium, and Sweden trailed further behind. Slovakia showed significant growth with a 16.07% increase year-on-year, whereas declines were noted in countries like Romania and Iceland. Among smaller economies, Malta saw a positive trend with a 3.25% increase. Overall, recent years have shown a mixed pattern with subtle increases and declines across various nations.
Future trends to watch include potential policy shifts enhancing tax incentives for sustainable real estate developments and increased collaborative efforts within the EU to standardize environmentally related tax frameworks. Additionally, economic recovery post-pandemic might influence tax revenue as real estate activities potentially rebound.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Real Estate Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 451.39 | 2023 | +2.04% | +2.7% | View data |
| 2 | 2 France | 231.42 | 2023 | +6.22% | +2.3% | View data |
| 3 | 3 Netherlands | 177.48 | 2023 | +0.018% | -0.68% | View data |
| 4 | 4 Belgium | 150.91 | 2023 | +0.69% | +0.37% | View data |
| 5 | 5 Sweden | 115.41 | 2023 | -2.34% | -1.7% | View data |
| 6 | 6 Slovakia | 107.37 | 2023 | +4.54% | +16.07% | View data |
| 7 | 7 Norway | 91.64 | 2023 | +0.93% | -1.07% | View data |
| 8 | 8 Spain | 81.37 | 2023 | -2.44% | -1.43% | View data |
| 9 | 9 Latvia | 72.64 | 2023 | +3.82% | -0.8% | View data |
| 10 | 10 Portugal | 19.12 | 2023 | +3.03% | +0.96% | View data |
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