In 2023, Italy led with the highest environmentally related tax revenue in the repair and installation of machinery and equipment, despite a significant year-over-year decline of 13.07%. France followed with a smaller decline of 1.2%. Notably, Finland, Hungary, and Estonia showed robust growth, with increases of 3.11%, 4.63%, and 5.05% respectively. Most countries exhibited modest changes, indicating relatively stable environmental tax collections, with minor variations across the European landscape.
Future trends to watch include the potential impacts of stricter EU environmental regulations, technological innovations, and shifts towards greener industries which could influence tax revenue distribution significantly. Continuous monitoring is essential to understand these dynamics better.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 181.62 | 2023 | -5.12% | -13.07% | View data |
| 2 | 2 France | 153.38 | 2023 | +2.28% | -1.2% | View data |
| 3 | 3 Netherlands | 32.3 | 2023 | +6.96% | -0.47% | View data |
| 4 | 4 Belgium | 26.79 | 2023 | +2.39% | +1.2% | View data |
| 5 | 5 Finland | 13.56 | 2023 | +4.26% | +3.11% | View data |
| 6 | 6 Portugal | 12.4 | 2023 | +1.88% | +0.99% | View data |
| 7 | 7 Switzerland | 10.84 | 2023 | -0.09% | -1.19% | View data |
| 8 | 8 Austria | 9.82 | 2023 | +2.69% | +2.12% | View data |
| 9 | 9 Hungary | 7.74 | 2023 | +4.4% | +4.63% | View data |
| 10 | 10 Greece | 6.5 | 2023 | -3.45% | -2.7% | View data |
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