In 2023, France led the European market in environmentally related tax revenue from rental and leasing pollution taxes with a value of 73.52 million USD, achieving a significant year-on-year growth of 30.75%. Dutch revenues remained fairly stable with a slight decrease of 0.34%, while Poland and Serbia showed modest growth. In the Nordic region, Iceland, Sweden, Finland, and Norway experienced incremental increases, with Finland showing the most significant growth rate at 4.74%. Austria recorded notable growth at 6.07%, whilst Lithuania posted moderate advancement. Over the past five years, these countries exhibit varied growth, influencing the overall market dynamics.
Future trends to watch include the prioritization of green policies across Europe, potentially driving increased tax revenues from pollution-related activities. Monitoring changes in environmental regulations and advancing technologies will be critical to understanding shifts in revenue distribution among countries. Additionally, the EU's commitment to sustainability and net-zero targets may escalate the standardization and adoption of such taxes, contributing to growth in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Rental and Leasing Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 73.52 | 2023 | +25.94% | +30.75% | View data |
| 2 | 2 Netherlands | 12.38 | 2023 | +1.09% | -0.34% | View data |
| 3 | 3 Poland | 9.27 | 2023 | +1.12% | +1.77% | View data |
| 4 | 4 Serbia | 1.21 | 2023 | -0.16% | +0.75% | View data |
| 5 | 5 Iceland | 0.95 | 2023 | +3.9% | +1.23% | View data |
| 6 | 6 Sweden | 0.83 | 2023 | +6.5% | +1.74% | View data |
| 7 | 7 Finland | 0.64 | 2023 | +3.01% | +4.74% | View data |
| 8 | 8 Lithuania | 0.53 | 2023 | +2.4% | +1.52% | View data |
| 9 | 9 Austria | 0.34 | 2023 | +5.16% | +6.07% | View data |
| 10 | 10 Norway | 0.33 | 2023 | +5.64% | +5.88% | View data |