The 2024 forecast for European environmentally related tax revenue from pollution in electrical equipment manufacturing shows Hungary leading with $28.97 million, despite a recent decline of 3.14%. Romania and Norway show positive growth, with Romania experiencing a 7.38% increase and Norway seeing a strong 20.99% rise. Conversely, Sweden has faced a significant drop of 21.15%. Over five years, most countries have generally fluctuated, with varying annual compound growth rates. Other nations like Belgium and Iceland also reported declines, reflecting broader mixed trends across the region.
Looking ahead, increased regulatory pressures and stricter European environmental policies could drive changes. Countries may shift towards greener production processes, potentially impacting tax revenues. Monitoring international climate agreements and technological advancements in manufacturing will be crucial for future forecasts.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Electrical Equipment Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 28.97 | 2023 | +3.62% | -3.14% | View data |
| 2 | 2 Italy | 20.38 | 2023 | -2.31% | -3.9% | View data |
| 3 | 3 Norway | 15.09 | 2023 | +6.45% | +20.99% | View data |
| 4 | 4 Spain | 12.88 | 2023 | +5.06% | +2.88% | View data |
| 5 | 5 Sweden | 10.92 | 2023 | -33.84% | -21.15% | View data |
| 6 | 6 Denmark | 9.06 | 2023 | -1.4% | -5.16% | View data |
| 7 | 7 Belgium | 2.7 | 2023 | -2.91% | -2.53% | View data |
| 8 | 8 Slovenia | 0.8 | 2023 | -13.91% | -1.7% | View data |
| 9 | 9 Bulgaria | 0.46 | 2023 | -42.95% | -29.12% | View data |
| 10 | 10 Romania | 0.26 | 2023 | +0.86% | +7.38% | View data |
