The European Environmentally Related Tax Revenue from pollution taxes in metal manufacturing shows varied trends across countries in 2023. France leads with a revenue of 44.9 million USD, benefitting from a 3.58% increase. The Netherlands and Ireland also saw notable upticks of 8.25% and 7.35%, respectively. Conversely, the UK experienced a significant 22.73% decline. Lithuania and Denmark faced decreases of 10.24% and 4.09%. Overall, the tax landscape is mixed with substantial gains in some countries and steep drops in others.
Future trends worth monitoring include:
- Impact of EU regulations and climate policies on tax revenues.
- Technological advancements changing pollution levels and tax obligations.
- The shift towards sustainable practices potentially reducing tax revenue.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Basic Metals and Fabricated Metal Products (Except Machinery and Equipment) by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 44.9 | 2023 | +1.67% | +3.58% | View data |
| 2 | 2 Netherlands | 14.04 | 2023 | +1.87% | +8.25% | View data |
| 3 | 3 Austria | 13.66 | 2023 | +2.88% | -1.16% | View data |
| 4 | 4 Belgium | 10.03 | 2023 | +2.26% | +2.17% | View data |
| 5 | 5 United Kingdom | 8.28 | 2023 | -34.59% | -22.73% | View data |
| 6 | 6 Switzerland | 3.31 | 2023 | -1.86% | -0.88% | View data |
| 7 | 7 Denmark | 1.72 | 2023 | +0.12% | -4.09% | View data |
| 8 | 8 Ireland | 1.58 | 2023 | +13.19% | +7.35% | View data |
| 9 | 9 Hungary | 1.55 | 2023 | -0.12% | -0.44% | View data |
| 10 | 10 Serbia | 1.06 | 2023 | +2.98% | +1.14% | View data |