The European environmentally related tax revenue from taxes on pollution in human health and social work activities shows a varied landscape among countries. The Netherlands leads with significant revenue, reflecting a 4.31% increase in 2023. France, Hungary, and Latvia also exhibited strong year-on-year growth, with Latvia notably up by 31.15%. In contrast, Italy and Ireland faced declines, indicating potential challenges or policy shifts. The five-year CAGR highlights a stable increase in several regions, with Norway and Latvia as frontrunners in growth, suggesting a broader fiscal strategy adaptation toward environmental taxation in these countries.
Future trends to monitor include potential regulatory changes impacting tax rates and structures, especially in countries with current declines. Moreover, increasing international pressure for environmental accountability may drive these revenues upward. Economic recovery following global disruptions may additionally influence tax dynamics and revenues. Monitoring emerging green policies and technological advancements could provide insight into upcoming shifts in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Human Health and Social Work Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 59.06 | 2023 | +2.56% | +4.31% | View data |
| 2 | 2 Belgium | 12.04 | 2023 | -0.99% | -0.68% | View data |
| 3 | 3 Italy | 8.81 | 2023 | -4.77% | -7.98% | View data |
| 4 | 4 Denmark | 6.4 | 2023 | +0.094% | +0.86% | View data |
| 5 | 5 France | 6.17 | 2023 | +7.55% | +7.69% | View data |
| 6 | 6 Switzerland | 2.96 | 2023 | +0.015% | +1.07% | View data |
| 7 | 7 Portugal | 1.15 | 2023 | +1% | +2.99% | View data |
| 8 | 8 Austria | 0.75 | 2023 | -3.27% | -4.99% | View data |
| 9 | 9 Sweden | 0.74 | 2023 | +6.55% | +3.18% | View data |
| 10 | 10 Slovakia | 0.49 | 2023 | +3.57% | +5.91% | View data |
