The analysis of environmentally related tax revenue in the European manufacturing sector for basic and fabricated metal products reveals significant variance across countries. Germany leads with the highest revenue, closely followed by Poland and Romania. Conversely, smaller contributions from countries such as Estonia, Latvia, and Iceland depict the disparity in tax revenue potential and economic scale.
The year-on-year variation from 2023 shows notable increases in Poland, Romania, and Norway, while Spain and Denmark experienced declines. Iceland faced the most significant growth. Over the last five years, countries like Poland have demonstrated robust growth, driven in part by evolving environmental policies and increasing manufacturing activities.
Future trends to watch include the impact of European green policies, which may further influence tax structures and revenues. Additionally, technological advancements in manufacturing creating more efficient and environmentally friendly processes could alter the tax revenue landscape, as could fluctuating economic conditions influencing production capacities and activities across Europe.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Basic Metals and Fabricated Metal Products (Except Machinery and Equipment) by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 943.75 | 2023 | +1.97% | +5% | View data |
| 2 | 2 Poland | 916.68 | 2023 | +4.15% | +8.92% | View data |
| 3 | 3 Romania | 682.12 | 2023 | +3.43% | +8.05% | View data |
| 4 | 4 Spain | 449.14 | 2023 | +0.66% | -2.18% | View data |
| 5 | 5 United Kingdom | 365.15 | 2023 | +0.11% | +0.075% | View data |
| 6 | 6 Netherlands | 205.62 | 2023 | +1.27% | +2.55% | View data |
| 7 | 7 Sweden | 182.83 | 2023 | +3.63% | +6.25% | View data |
| 8 | 8 Switzerland | 97.81 | 2023 | +2.62% | +2.09% | View data |
| 9 | 9 Portugal | 84.77 | 2023 | +2.41% | +0.4% | View data |
| 10 | 10 Slovenia | 58.99 | 2023 | +10.05% | +5.19% | View data |