In 2023, France led the European Environmentally Related Tax Revenue from taxes on pollution in fishing and aquaculture, generating $96.17 million (PPP, 2015), showing a 2.46% increase from 2022. Malta experienced the highest growth at 7.56%, while Portugal and Sweden saw increases of 8.81% and 3.89%, respectively. The United Kingdom increased by 1.4%, whereas Spain rose by 1.91%. Conversely, Denmark and Poland saw declines of 4.02% and 4.87%. Iceland decreased by 1.42%, while Hungary experienced a modest increase of 2.85%.
Looking ahead, European countries are likely to tighten environmental regulations in the fishing and aquaculture sectors, potentially increasing tax revenue. The focus on sustainable practices, coupled with potential shifts in policy, may offer opportunities for increased revenue from environmental taxes.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Fishing and Aquaculture Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 96.17 | 2023 | +9.89% | +2.46% | View data |
| 2 | 2 Malta | 3.05 | 2023 | +38.56% | +7.56% | View data |
| 3 | 3 United Kingdom | 0.52 | 2023 | +2.59% | +1.4% | View data |
| 4 | 4 Spain | 0.28 | 2023 | +9.81% | +1.91% | View data |
| 5 | 5 Denmark | 0.13 | 2023 | +5.15% | -4.02% | View data |
| 6 | 6 Iceland | 0.12 | 2023 | +3.41% | -1.42% | View data |
| 7 | 7 Poland | 0.11 | 2023 | -7.05% | -4.87% | View data |
| 8 | 8 Hungary | 0.02 | 2023 | +3.69% | +2.85% | View data |
| 9 | 9 Sweden | 0.01 | 2023 | +6.55% | +3.89% | View data |
| 10 | 10 Portugal | 0.01 | 2023 | +9.33% | +8.81% | View data |