The data indicates that the Netherlands has the highest environmentally related tax revenue from taxes on resources in the insurance sector, standing at 1.23 million USD PPP in 2023. France and Serbia follow with 0.2 million and 0.13 million, respectively. In terms of trends from 2023, Cyprus and Serbia show positive growth rates, with Cyprus exhibiting the highest at 4.74%. Conversely, Belgium experienced a significant decline of 24.01%, while Denmark and France also saw reductions in revenue.
Future trends to watch include:
- The role of environmental policies in influencing tax revenues across Europe, potentially impacting countries differently based on their policy rigor.
- Technological advancements and their adoption in resource management, which could alter the landscape of environmentally related tax revenues.
- The geopolitical and economic factors, especially EU regulations, that might affect tax strategies and revenues across different countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security by Country
| # | 6 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1.23 | 2023 | -0.056% | +0.74% | View data |
| 2 | 2 France | 0.2 | 2023 | +0.73% | -3.81% | View data |
| 3 | 3 Serbia | 0.13 | 2023 | +3.7% | +3.77% | View data |
| 4 | 4 Denmark | 0.033 | 2023 | -7.63% | -4.38% | View data |
| 5 | 5 Cyprus | 0.019 | 2023 | +6.92% | +4.74% | View data |
| 6 | 6 Belgium | 0.003 | 2023 | +2.28% | -24.01% | View data |
