In 2023, the pollution environmental tax in Belgium stood at 0.085% of GDP. The forecasted values from 2024 to 2028 show a consistent year-on-year decline: 0.082% in 2024, 0.078% in 2025, 0.075% in 2026, 0.071% in 2027, and 0.067% in 2028. This downward trend indicates a commitment to reducing the tax burden related to environmental pollution.
Year-on-year variations reveal:- A 4% decrease from 2023 to 2024- A 5% decrease from 2024 to 2025- A 3.85% decrease from 2025 to 2026- A 5.33% decrease from 2026 to 2027- A 5.63% decrease from 2027 to 2028
The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 is approximately -4.78% per year, reflecting a sustained reduction in the tax rate as a percentage of GDP.
Future trends to watch for include potential changes in environmental policies, shifts in GDP, and technological advancements in pollution control which could further influence the trajectory of pollution environmental taxes.
