In 2023, there was a varied performance among European countries regarding environmentally related tax revenue from resources in the wood, paper, printing, and reproduction manufacturing sectors. Bulgaria saw a modest growth of 0.76%, while Slovenia's revenue expanded significantly by 46%. In contrast, France experienced a decline of 4.07%. Latvia showed a positive trend with a 2.15% increase, whereas Croatia demonstrated robust growth at 12.35%. Estonia faced a downturn with a 6.54% reduction, while Lithuania and Cyprus experienced gains of 4.54% and 17.41%, respectively.
Future trends to watch include the potential for fluctuations in tax revenue influenced by shifts in European environmental policies and the adoption of sustainable practices. Increased emphasis on sustainable manufacturing and resource efficiency may boost tax revenues in environmentally forward nations, while economic factors may impact overall tax revenue trajectories across different regions.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Manufacturing of Wood, Paper, Printing and Reproduction Share by Country (Million US Dollars PPP = 2015)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 25.27 | 2023 | +2.57% | +0.076% | View data |
| 2 | 2 Slovenia | 18.63 | 2023 | +0.22% | +0.46% | View data |
| 3 | 3 France | 15.02 | 2023 | -1.81% | -4.07% | View data |
| 4 | 4 Latvia | 13.3 | 2023 | +0.51% | +2.15% | View data |
| 5 | 5 Croatia | 11.79 | 2023 | +3.9% | +12.35% | View data |
| 6 | 6 Estonia | 7.6 | 2023 | -3.44% | -6.54% | View data |
| 7 | 7 Lithuania | 5.82 | 2023 | +5.74% | +4.54% | View data |
| 8 | 8 Cyprus | 0.58 | 2023 | +7.16% | +17.41% | View data |