In 2023, European Environmentally Related Tax Revenue from taxes on pollution in Scientific Research and Development observed varied trends across countries. The Netherlands led with $73.86 million, showing a modest increase of 1.32%. The United Kingdom saw a slight decline of 0.62%, while Hungary showed a significant increase of 12.06%. Serbia and Portugal showed positive growth of 5.65% and 3.91%, respectively. Conversely, Slovenia and Iceland experienced a significant decrease of 26.2% and 7.09%. Romania also saw a small drop of 2.62%, while Latvia saw a notable increase of 31.69%.
Looking forward, trends to watch in European tax revenue related to pollution in research and development include the potential impact of changing environmental policies, technological advancements driving innovation, and increased emphasis on sustainability which may influence higher tax revenues. Furthermore, investments in green technologies and the tightening of regulations on pollution will likely play pivotal roles in shaping future trends.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Scientific Research and Development Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 73.86 | 2023 | +7.49% | +1.32% | View data |
| 2 | 2 United Kingdom | 19 | 2023 | -0.097% | -0.62% | View data |
| 3 | 3 Hungary | 2.85 | 2023 | +5.42% | +12.06% | View data |
| 4 | 4 Serbia | 2.11 | 2023 | +4.02% | +5.65% | View data |
| 5 | 5 Sweden | 1.27 | 2023 | +6.49% | +2.12% | View data |
| 6 | 6 Portugal | 0.46 | 2023 | +0.99% | +3.91% | View data |
| 7 | 7 Slovenia | 0.14 | 2023 | +4.44% | -26.2% | View data |
| 8 | 8 Iceland | 0.13 | 2023 | +0.41% | -7.09% | View data |
| 9 | 9 Romania | 0.11 | 2023 | -2.14% | -2.62% | View data |
| 10 | 10 Latvia | 0.086 | 2023 | +3.34% | +31.69% | View data |
