The 2024 forecast for European environmentally related tax revenue from taxes on pollution in the manufacturing of wood, paper, printing, and reproduction varies notably by country. Spain, leading at $19.94 million, reflects a positive trend with a 3.65% year-on-year increase. Conversely, Sweden and Poland saw declines in revenue, evidencing overall decreases of 2.57% and 0.17% respectively. Notably positive growth was observed in Slovakia with a 4.31% increase and a significant 19.47% surge in Serbia. Most countries demonstrate minor fluctuations, with revenue generally aligned to economic and regulatory variations within each region.
Looking ahead to future trends, expect ongoing adjustments as nations aim to achieve their environmental targets. Increasing regulatory measures and eco-conscious practices in the manufacturing sector could significantly impact tax revenues. Investment in sustainable technologies may alter tax structures, either reducing or shifting tax burdens. Monitoring policy shifts and technological advancements will be crucial for predicting future tax revenue trends in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Wood, Paper, Printing and Reproduction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 19.94 | 2023 | +10.55% | +3.65% | View data |
| 2 | 2 Sweden | 18.54 | 2023 | -1.19% | -2.57% | View data |
| 3 | 3 France | 13.87 | 2023 | +2.7% | +3.91% | View data |
| 4 | 4 Poland | 13.3 | 2023 | -1.11% | -0.17% | View data |
| 5 | 5 Switzerland | 13.11 | 2023 | -2.76% | -1.36% | View data |
| 6 | 6 Slovakia | 9.33 | 2023 | +1.89% | +4.31% | View data |
| 7 | 7 Austria | 5.85 | 2023 | +3.41% | +1.32% | View data |
| 8 | 8 Serbia | 2.77 | 2023 | +5.72% | +19.47% | View data |
| 9 | 9 Estonia | 1.16 | 2023 | -0.27% | -3.95% | View data |
| 10 | 10 Czech Republic | 0.86 | 2023 | -16.77% | -21.93% | View data |