Italy and France are the front-runners in generating environmentally related tax revenue within financial services and insurance, with notable increases last year. The Netherlands and Germany trail behind, but they show stable growth. Conversely, countries like Romania, Cyprus, and Iceland experienced significant declines in tax revenue. Despite having smaller economies, Malta and Slovakia are witnessing rapid growth in their environmentally related tax revenue, showcasing a positive trajectory.
Future trends to watch for include continued strong performance from Italy and France, driven by regulatory frameworks and sustainability initiatives. Emerging markets such as Slovakia and Malta may see increased tax revenues as they enhance their environmental policies.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Activities Auxiliary to Financial Services and Insurance Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 182.43 | 2023 | +1.82% | +3.88% | View data |
| 2 | 2 France | 178.9 | 2023 | +12.15% | +5.79% | View data |
| 3 | 3 Netherlands | 68.03 | 2023 | +1.29% | +1.61% | View data |
| 4 | 4 Germany | 37.63 | 2023 | -1.19% | +2.02% | View data |
| 5 | 5 Norway | 28.2 | 2023 | +6.5% | +5.6% | View data |
| 6 | 6 Poland | 18.51 | 2023 | -1.35% | -1.27% | View data |
| 7 | 7 Finland | 11.54 | 2023 | +2.88% | +2.46% | View data |
| 8 | 8 Portugal | 9.87 | 2023 | +3.78% | +0.75% | View data |
| 9 | 9 Czech Republic | 3 | 2023 | -0.28% | -3.2% | View data |
| 10 | 10 Slovakia | 2.45 | 2023 | +1.35% | +8.66% | View data |
