The global air pollution-related tax revenue has shown variable trends across different countries. In 2023, China led with the highest tax revenue at $71.04 billion, reflecting a 1.19% increase year-on-year. Italy and Germany followed, though both experienced declines of 1.14% and 0.93%, respectively. Japan, France, and several European nations like Finland, Denmark, and Greece also saw decreases. In contrast, developing nations such as the Philippines (17.07%), Vietnam (8.29%), and other emerging markets exhibited noteworthy increases in their tax revenues. Notable growth was also seen in India (3.72%), South Africa (1.47%), and Israel (2.91%).
The forecast for 2024 indicates a significant need to monitor several trends. Developed countries may seek innovative ways to stabilize or enhance their tax revenues amidst environmental policies. Emerging economies might witness substantial growth in revenue due to increased industrialization and subsequent taxation policies. Key areas to watch include technological advancements in emission reductions, global economic shifts, and international climate agreements impacting tax regulations.
Top countries in Air Pollution-Related Total Tax Revenue by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 71,040 | 2023 | +1.45% | +1.19% | View data |
| 2 | 2 Italy | 60,870 | 2023 | +2.24% | -1.14% | View data |
| 3 | 3 Germany | 59,270 | 2023 | -0.35% | -0.93% | View data |
| 4 | 4 Japan | 43,000 | 2023 | -1.67% | -2.63% | View data |
| 5 | 5 France | 42,230 | 2023 | +2.27% | -1.27% | View data |
| 6 | 6 India | 32,560 | 2023 | +3.45% | +3.72% | View data |
| 7 | 7 South Korea | 24,290 | 2023 | +2.38% | -0.76% | View data |
| 8 | 8 Netherlands | 20,700 | 2023 | +4.14% | +1.02% | View data |
| 9 | 9 United Kingdom | 15,890 | 2023 | +6.25% | +2.77% | View data |
| 10 | 10 Brazil | 14,370 | 2023 | +9.42% | +2.23% | View data |