The 2023 data on European environmentally related tax revenues reveal notable disparities among countries. The United Kingdom leads with $1.17 billion, while Malta records the lowest at $0.0019 billion. Most countries experienced slight reductions in tax revenues, with significant year-on-year declines in countries like Iceland (-6.19%) and Poland (-2.89%). Conversely, Slovakia saw substantial growth at 17.3%, indicating potential policy shifts or economic dynamics at play. Over the last five years, average annual growth varies, reflecting the diverse trajectories of environmental taxation policies across Europe.
Future trends to watch include:
- Potential policy shifts to enhance green taxation in Europe.
- Economic growth, innovation, and infrastructure development impacting environmental tax revenues.
- The European Union's continued push for sustainability might increase tax revenues from environmentally related sectors.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Public Administration and Defence; Compulsory Social Security by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,170 | 2023 | -0.81% | -1.01% | View data |
| 2 | 2 Italy | 706.46 | 2023 | +0.96% | +0.17% | View data |
| 3 | 3 Netherlands | 406.5 | 2023 | +1.47% | +1.92% | View data |
| 4 | 4 Spain | 251.75 | 2023 | -1.03% | -1.71% | View data |
| 5 | 5 Poland | 165.56 | 2023 | -1% | -2.89% | View data |
| 6 | 6 Norway | 150.79 | 2023 | -0.6% | -1.99% | View data |
| 7 | 7 Ireland | 149.54 | 2023 | +2.98% | -0.32% | View data |
| 8 | 8 Finland | 134.69 | 2023 | -0.4% | -1.39% | View data |
| 9 | 9 Austria | 105.17 | 2023 | +3.21% | +2.14% | View data |
| 10 | 10 Slovakia | 98.08 | 2023 | +4.66% | +17.3% | View data |
