The European environmentally related tax revenue from taxes on resources in the retail trade sector exhibits diverse trends across countries. In 2023, Croatia led with $4.71 million PPP, experiencing an 11.9% year-on-year increase, suggesting robust growth. Conversely, France saw a 2.75% decline, reflecting slight contraction. The Netherlands showed modest growth at 1.28%. Serbia and Cyprus experienced positive changes with 4.62% and 5.18% increases, respectively. Bulgaria had the largest surge at 18.2%, while Slovenia and Denmark registered declines of 6.15% and a marginal 0.084%, respectively. Over five years, the CAGR illustrates Croatia and Bulgaria as standout performers, while Slovenia faced the biggest decrement.
Looking ahead, watch for the reinforcement of environmental tax frameworks across Europe, which could lead to further revenue increases. Croatia's growth trend may continue if policies favor resource-efficient practices. Bulgaria's sharp rise suggests rapid adaptation or policy shifts, marking it as a country to watch. Conversely, countries like Slovenia might need policy recalibrations to address declining trends, indicating varied readiness among European nations to harness environmental tax potential in the retail sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Retail Trade (Except of Motor Vehicles and Motorcycles) by Country
| # | 8 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 4.71 | 2023 | +3.71% | +11.9% | View data |
| 2 | 2 France | 3.78 | 2023 | +0.69% | -2.75% | View data |
| 3 | 3 Netherlands | 2.53 | 2023 | +15.52% | +1.28% | View data |
| 4 | 4 Serbia | 0.94 | 2023 | +3.28% | +4.62% | View data |
| 5 | 5 Cyprus | 0.36 | 2023 | +6.66% | +5.18% | View data |
| 6 | 6 Bulgaria | 0.09 | 2023 | +4.59% | +18.2% | View data |
| 7 | 7 Slovenia | 0.026 | 2023 | -6.34% | -6.15% | View data |
| 8 | 8 Denmark | 0.013 | 2023 | +1.06% | +0.084% | View data |
