In 2023, Iceland led Europe with 1.16% of total revenues from Pollution and Resources taxes, experiencing a 3.86% rise from the previous year. Latvia saw significant growth at 6.23%, while Greece reported a 47.58% increase, likely due to economic adjustments. Conversely, Finland and Ireland faced declines of -15.59% and -19.73%, respectively. Estonia and Slovenia also suffered from notable reductions of -5.0% and -4.82%.
Future trends to watch include:
- Stability in countries such as Norway, Slovakia, Austria, and the Czech Republic, which had no year-on-year variation.
- Potential economic policy shifts affecting Greece and Croatia, given their significant recent growth.
- Monitoring fluctuations in countries with declining revenues, such as Finland and Ireland, for potential recovery or further downturns.
Top countries in Pollution and Resources Taxes Revenue by Country
| # | 10 Countries | Percent of Total Revenues from Taxes and Social Contributions (Including Imputed) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 1.16 | 2023 | +0.87% | +3.86% | View data |
| 2 | 2 Netherlands | 1.07 | 2023 | 0% | -0.37% | View data |
| 3 | 3 Malta | 0.69 | 2023 | +1.47% | -1.12% | View data |
| 4 | 4 Estonia | 0.65 | 2023 | +4.84% | -5% | View data |
| 5 | 5 Hungary | 0.63 | 2023 | +1.61% | -0.93% | View data |
| 6 | 6 Latvia | 0.46 | 2023 | +4.55% | +6.23% | View data |
| 7 | 7 Denmark | 0.32 | 2023 | 0% | -3.38% | View data |
| 8 | 8 Lithuania | 0.3 | 2023 | 0% | -4.62% | View data |
| 9 | 9 Poland | 0.29 | 2023 | 0% | -0.68% | View data |
| 10 | 10 France | 0.27 | 2023 | 0% | +0.76% | View data |