In 2023, the Netherlands led in environmentally related tax revenue from taxes on pollution in insurance, reinsurance, and pension funding, standing at 12.24 million USD, albeit declining by 1.19% from the previous year. France, with 5.67 million USD, experienced significant growth at 31.75%. In contrast, Poland's revenues dipped by 5.87% to 3.31 million USD. Ireland and Serbia showed notable increments of 22.78% and 2.38% respectively. Other countries like Belgium, Lithuania, and Switzerland saw declines, reflecting diverse national policy impacts on taxation revenue in this sector.
Future trends to monitor in this domain include:
- Potential policy shifts influencing tax rates and structures related to environmental concerns.
- Increased focus on sustainable practices in the insurance sector potentially affecting revenue streams.
- Continued investment and innovation in green technologies, likely altering the tax landscape in the coming years.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 12.24 | 2023 | +1.99% | -1.19% | View data |
| 2 | 2 France | 5.67 | 2023 | +21.71% | +31.75% | View data |
| 3 | 3 Poland | 3.31 | 2023 | -7.7% | -5.87% | View data |
| 4 | 4 Ireland | 0.099 | 2023 | +25.1% | +22.78% | View data |
| 5 | 5 Serbia | 0.091 | 2023 | +3.37% | +2.38% | View data |
| 6 | 6 Belgium | 0.076 | 2023 | -15.3% | -11.7% | View data |
| 7 | 7 Portugal | 0.019 | 2023 | +1.04% | +1.72% | View data |
| 8 | 8 Lithuania | 0.011 | 2023 | -0.74% | -1.49% | View data |
| 9 | 9 Sweden | 0.009 | 2023 | +6.46% | +4.3% | View data |
| 10 | 10 Switzerland | 0.007 | 2023 | -8.19% | -6.91% | View data |
