In 2023, Italy leads among European countries in environmentally related tax revenue from water collection, treatment, and supply, with significant contributions followed by the United Kingdom, Spain, France, and Germany. While Ireland and Switzerland showed notable year-on-year growth, countries like Denmark, Finland, and Latvia saw declines. Ireland's tax revenue surged with a growth of over 24%, highlighting its expanding focus on environmental taxes. Over the last five years, annual average growth has been noteworthy for some, although fluctuations exist.
Looking forward, countries are anticipated to strengthen their commitments to green taxation as part of wider environmental policy goals. Pay attention to how economic, regulatory, and technological developments influence tax revenue growth in this sector, particularly in the context of the EU's Green Deal and climate targets. Monitoring advancements in water management and shifts in national regulations could offer further insights.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Water Collection, Treatment and Supply Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 40.49 | 2023 | +1.94% | +1.14% | View data |
| 2 | 2 United Kingdom | 12.82 | 2023 | +1.96% | +1.74% | View data |
| 3 | 3 Spain | 8.23 | 2023 | +1.66% | +2.79% | View data |
| 4 | 4 France | 8.09 | 2023 | +1.48% | -1.46% | View data |
| 5 | 5 Germany | 7.5 | 2023 | -0.76% | -0.49% | View data |
| 6 | 6 Ireland | 5.26 | 2023 | +17.49% | +24.97% | View data |
| 7 | 7 Greece | 3.23 | 2023 | +1.79% | +2.64% | View data |
| 8 | 8 Bulgaria | 2.88 | 2023 | +2.66% | -0.32% | View data |
| 9 | 9 Hungary | 1.79 | 2023 | -0.048% | +0.43% | View data |
| 10 | 10 Portugal | 1.58 | 2023 | +2.47% | +1.83% | View data |
