The United Kingdom leads in environmentally related tax revenue in the auxiliary financial services sector, growing modestly year-on-year at 0.47%. France and Italy show stronger growth at 5.64% and 2.63% respectively, with Ireland demonstrating remarkable growth at 30.09%. Countries like Poland, Greece, and several others exhibit declining trends, with Bulgaria and Austria dropping sharply by over 27%.
Future trends to watch include the potential for increased taxation and regulatory focus across Europe, driven by environmental policy shifts. An emphasis on green finance and sustainability practices might fuel growth in tax revenues, particularly for countries lagging behind their counterparts.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Activities Auxiliary to Financial Services and Insurance Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 29.98 | 2023 | +1.18% | +0.47% | View data |
| 2 | 2 France | 20.61 | 2023 | +12.12% | +5.64% | View data |
| 3 | 3 Italy | 18.36 | 2023 | +1.34% | +2.63% | View data |
| 4 | 4 Ireland | 12.62 | 2023 | +16.49% | +30.09% | View data |
| 5 | 5 Netherlands | 8.66 | 2023 | +2.07% | +3.06% | View data |
| 6 | 6 Norway | 4.17 | 2023 | +6.36% | +4.12% | View data |
| 7 | 7 Finland | 1.46 | 2023 | +2.73% | +1.64% | View data |
| 8 | 8 Poland | 1.08 | 2023 | -1.44% | -1.89% | View data |
| 9 | 9 Greece | 0.97 | 2023 | -0.7% | -1.59% | View data |
| 10 | 10 Portugal | 0.83 | 2023 | +2.93% | +0.078% | View data |
