European corporations' expenditures on environmental protection vary widely by country, with Austria leading at 3.3% of GDP and Romania and Greece at the low end with 0.1%. Over the past two years, notable increases include Poland at 24.57% and Cyprus at 4.56%, while Romania saw a significant decline of 19.73%. The Compound Annual Growth Rate (CAGR) over the last five years shows mixed trends, with some countries demonstrating positive growth and others experiencing declines.
Future trends to watch:
• Increasing regulations and environmental policies in the EU could drive higher expenditures.
• Technological advancements may reduce costs, impacting the percentage of GDP devoted to environmental protection.
• Economic conditions and political willpower will play significant roles in shaping future spending patterns.
• Countries with currently low expenditures might increase their spending as part of broader EU environmental initiatives.
Top countries in Corporations Expenditures on Environmental Protection by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 3.3 | 2023 | +3.12% | +1.26% | View data |
| 2 | 2 Belgium | 2.4 | 2023 | 0% | -0.81% | View data |
| 3 | 3 Czech Republic | 1.5 | 2023 | 0% | -1.28% | View data |
| 4 | 4 Poland | 1.5 | 2023 | +7.14% | +24.57% | View data |
| 5 | 5 Germany | 1.5 | 2023 | +7.14% | +1.39% | View data |
| 6 | 6 Portugal | 1.2 | 2023 | +9.09% | +1.76% | View data |
| 7 | 7 Latvia | 1.2 | 2023 | 0% | +1.76% | View data |
| 8 | 8 Lithuania | 1.2 | 2023 | +9.09% | +3.71% | View data |
| 9 | 9 Croatia | 1.2 | 2023 | 0% | 0% | View data |
| 10 | 10 Estonia | 1.2 | 2023 | -7.69% | -5.59% | View data |
