In 2023, environmentally related tax revenues from pollution taxes in the specified sectors varied significantly across Europe. Poland led with the highest revenue at 11.41 million USD, while Bulgaria recorded the lowest at 0.00041 million USD. Year-on-year variations indicate notable declines in countries such as Bulgaria (-55.71%) and Austria (-17.04%), while Latvia experienced a significant increase (10.96%). Malta's revenue also grew by 4.08%, and Spain by 2.88%, contrasting with countries like the UK, which saw a sharp decrease of 9.45%.
Looking ahead, the focus on sustainability and stricter environmental regulations may affect future tax revenue generation. Countries might experience variations based on policy changes and industrial shifts towards greener practices. Monitoring policy developments and industrial innovations will be crucial in predicting future trends in environmentally related tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 11.41 | 2023 | -0.38% | -0.045% | View data |
| 2 | 2 Italy | 5.17 | 2023 | -0.28% | -2.05% | View data |
| 3 | 3 United Kingdom | 3.28 | 2023 | -11.55% | -9.45% | View data |
| 4 | 4 Switzerland | 2.32 | 2023 | -1.88% | -0.54% | View data |
| 5 | 5 Hungary | 1.19 | 2023 | +0.31% | -1.91% | View data |
| 6 | 6 Sweden | 1.06 | 2023 | +6.7% | +3.18% | View data |
| 7 | 7 Spain | 0.54 | 2023 | +5.06% | +2.88% | View data |
| 8 | 8 Lithuania | 0.33 | 2023 | -0.44% | -4.06% | View data |
| 9 | 9 Malta | 0.3 | 2023 | +1.82% | +4.08% | View data |
| 10 | 10 Serbia | 0.25 | 2023 | +5.32% | +3.29% | View data |
