The European Environmentally Related Tax Revenue from Taxes on Pollution in Mining and Quarrying shows significant variation by country in 2023. Poland leads significantly with $13.77 million, although it saw a slight decrease. The UK follows at $4.73 million, also noting a minor decrease. France experienced growth at $1.29 million. Sweden showed the highest growth rate, increasing by 22.27%. Other countries like Latvia and Iceland saw notable increases, whereas Lithuania and Hungary experienced declines. The compound annual growth rate (CAGR) over the last five years suggests varied performance, with some countries improving their tax revenue efficiency from environmental measures.
Future trends to watch involve tightening environmental regulations across Europe, potentially increasing tax revenues. The variability in economic and policy climates is anticipated to continue influencing these taxes, with some nations possibly adjusting rates to align with sustainable practices and international climate commitments.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Mining and Quarrying by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 13.77 | 2023 | -4% | -2.56% | View data |
| 2 | 2 United Kingdom | 4.73 | 2023 | +1.1% | -0.51% | View data |
| 3 | 3 France | 1.29 | 2023 | +3.12% | +2.24% | View data |
| 4 | 4 Sweden | 0.3 | 2023 | +2.46% | +22.27% | View data |
| 5 | 5 Lithuania | 0.3 | 2023 | +0.38% | -1.59% | View data |
| 6 | 6 Latvia | 0.28 | 2023 | +12.33% | +7.13% | View data |
| 7 | 7 Hungary | 0.24 | 2023 | +2.48% | -11.49% | View data |
| 8 | 8 Denmark | 0.17 | 2023 | +0.3% | +0.68% | View data |
| 9 | 9 Romania | 0.16 | 2023 | -1.2% | -1.39% | View data |
| 10 | 10 Austria | 0.042 | 2023 | +4% | +3.06% | View data |
