The data reveals that Denmark leads with the highest environmentally related tax revenue from pollution taxes in the manufacturing of food products, beverages, and tobacco products in Europe. Norway and Serbia showed positive trends in 2023 with revenue increases by 7.59% and 6.49%, respectively. Conversely, Slovakia exhibited the most significant decline of 10.72%. Over the last five years, the compounded annual growth evident in various countries indicates a stable yet varied shifts in how these environmental taxes are approached across Europe.
Future trends to watch include a potential increase in tax revenue as European countries further emphasize sustainable practices and environmental impacts of industries. This could lead to adjusting tax policies to either incentivize eco-friendly practices or penalize excessive pollution, thereby affecting revenue collections.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Food Products, Beverages and Tobacco Products Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 33.99 | 2023 | -0.88% | -1.77% | View data |
| 2 | 2 Belgium | 23.17 | 2023 | -0.32% | -1.13% | View data |
| 3 | 3 Finland | 16.05 | 2023 | -1.87% | -3.25% | View data |
| 4 | 4 Poland | 11.88 | 2023 | -2.27% | -1.73% | View data |
| 5 | 5 Italy | 4.86 | 2023 | -2.23% | -4.33% | View data |
| 6 | 6 Norway | 4.17 | 2023 | +5.53% | +7.59% | View data |
| 7 | 7 Lithuania | 1.93 | 2023 | -0.32% | -4.58% | View data |
| 8 | 8 Serbia | 1.4 | 2023 | +3.59% | +6.49% | View data |
| 9 | 9 Sweden | 1.2 | 2023 | -0.37% | -1.69% | View data |
| 10 | 10 Malta | 0.68 | 2023 | +3.37% | +6.58% | View data |
