In 2023, France led in environmentally related tax revenue from taxes on resources in the public administration sector, totaling 11.52 million USD, despite a 1.74% decrease from the previous year. Slovenia showed growth with a 1.32% increase, reaching 1.4 million USD. Denmark and Latvia had minor fluctuations, with slight growth for Denmark and a 1% decline for Latvia. Bulgaria and Belgium experienced declines of 4% and 4.29%, respectively. Cyprus showed a notable 6.19% increase, while Croatia experienced the highest growth at 12.78%, despite having minimal tax revenue overall.
Future trends to watch include the increasing emphasis on environmental sustainability, which may lead to higher tax revenue from environmentally related taxes as countries strive to meet climate goals. The potential expansion of tax bases and reforms could also impact these revenues across European countries. Monitoring regulatory changes and national priorities will be crucial in anticipating shifts in tax revenue in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Public Administration and Defence; Compulsory Social Security by Country
| # | 8 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11.52 | 2023 | +0.26% | -1.74% | View data |
| 2 | 2 Slovenia | 1.4 | 2023 | +0.36% | +1.32% | View data |
| 3 | 3 Denmark | 0.47 | 2023 | +0.073% | +0.083% | View data |
| 4 | 4 Latvia | 0.34 | 2023 | +2.8% | -1% | View data |
| 5 | 5 Bulgaria | 0.33 | 2023 | +4.67% | -4% | View data |
| 6 | 6 Belgium | 0.28 | 2023 | +4.68% | -4.29% | View data |
| 7 | 7 Cyprus | 0.14 | 2023 | +6.7% | +6.19% | View data |
| 8 | 8 Croatia | 0.003 | 2023 | +2.86% | +12.78% | View data |
