The analysis reveals significant variations in pollution and resource tax revenue across European countries. In 2023, Iceland recorded the highest revenue at 1.16% of total tax revenues, reflecting a notable year-on-year growth of 3.86%. Latvia posted the most substantial increase of 6.07%, whereas Ireland saw a sharp decline of 24.21%. Greece also demonstrated robust growth at 36.08%, contrasting sharply with Finland's decline of 10.59%. The fluctuations illustrate stark regional differences in environmental tax policies.
Future trends to watch include potential policy adjustments in response to climate goals, influencing tax revenue in countries currently lagging in environmental taxation. Additionally, economic and regulatory changes in the European Union and global environmental initiatives could further impact these tax structures and revenues in the coming years.
Top countries in Pollution and Resources Taxes Revenue by Country
| # | 10 Countries | Percent of Total Revenues from Taxes and Social Contributions (Excluding 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 | -0.93% | -0.55% | View data |
| 3 | 3 Malta | 0.7 | 2023 | +1.45% | -1.37% | View data |
| 4 | 4 Estonia | 0.66 | 2023 | +4.76% | -4.71% | View data |
| 5 | 5 Hungary | 0.64 | 2023 | +1.59% | -0.61% | View data |
| 6 | 6 Latvia | 0.47 | 2023 | +4.44% | +6.07% | View data |
| 7 | 7 Denmark | 0.33 | 2023 | 0% | -3.29% | View data |
| 8 | 8 Poland | 0.3 | 2023 | 0% | -0.65% | View data |
| 9 | 9 Lithuania | 0.3 | 2023 | 0% | -4.62% | View data |
| 10 | 10 France | 0.28 | 2023 | 0% | +0.73% | View data |
