In 2023, revenue trends from environmental taxes in mining and quarrying varied across Europe. Italy led with $453.37 million, showing a slight decline. Other countries displayed mixed results, with Spain, Sweden, and Serbia experiencing increases, particularly the Czech Republic at almost 20%. Notably, Germany saw a decrease of nearly 4%. Minimal growth was observed in Croatia and Malta. These trends over recent years, quantified by CAGR data, highlight fluctuating tax revenues influenced by policy changes and sectoral demand shifts.
Future trends may see increased emphasis on aligning tax structures with evolving environmental policies and technological advancements, potentially boosting or stabilizing revenues across the region.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Mining and Quarrying by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 453.37 | 2023 | +1.75% | -0.0074% | View data |
| 2 | 2 Spain | 248.33 | 2023 | +3.47% | +1.9% | View data |
| 3 | 3 Sweden | 146.92 | 2023 | +3.34% | +3.46% | View data |
| 4 | 4 Germany | 105.43 | 2023 | -4.8% | -3.79% | View data |
| 5 | 5 Austria | 76.82 | 2023 | +1.69% | +0.22% | View data |
| 6 | 6 Czech Republic | 68.45 | 2023 | +3.3% | +19.8% | View data |
| 7 | 7 Finland | 63.73 | 2023 | +2.47% | +0.54% | View data |
| 8 | 8 Ireland | 48.94 | 2023 | +1.75% | +0.37% | View data |
| 9 | 9 Serbia | 44.31 | 2023 | +2.88% | +4.3% | View data |
| 10 | 10 Belgium | 17.94 | 2023 | +2.47% | +1.33% | View data |