The Environmental Tax Revenue across European countries shows significant disparities. The Netherlands leads with a notable figure of $27.17 million, reflecting consistent growth, followed by Denmark. Belgium and Poland exhibit moderate figures, while Italy's decline suggests reductions in industrial pollution or changes in tax policy. Sweden, despite low values, sees positive growth, contrasting with Hungary's decline. Smaller Baltic countries like Malta, Slovakia, Estonia, Romania, and Bulgaria reflect minute values but Slovakia shows remarkable growth. Austria encountered a marked decrease, which warrants monitoring. These trends indicate varying national priorities and approaches to environmental taxation.
Looking ahead, key trends include the increasing importance of environmental policies driving revenue shifts, potential policy harmonization across Europe, and technological advancements that may influence pollution control and taxation. Countries with declining revenues may reassess taxes to align with environmental goals, while others may enhance strategic investment in green technologies to foster sustainable revenue streams. Monitoring these factors can guide future strategies for managing and improving tax-based environmental interventions.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Administrative and Support Service Activities by Country
# | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 27.17 | 2023 | +5.06% | +2.84% | View data |
2 | 2 Denmark | 15.88 | 2023 | +3.15% | +3.78% | View data |
3 | 3 Belgium | 4.73 | 2023 | +3.96% | +3.21% | View data |
4 | 4 Poland | 4.32 | 2023 | -0.88% | -0.57% | View data |
5 | 5 Italy | 3.01 | 2023 | -2.38% | -4.01% | View data |
6 | 6 Sweden | 2.16 | 2023 | +6.59% | +3.7% | View data |
7 | 7 Hungary | 1.03 | 2023 | +3.44% | -4.92% | View data |
8 | 8 Ireland | 0.28 | 2023 | +16.47% | +0.053% | View data |
9 | 9 Finland | 0.2 | 2023 | -2.16% | -0.83% | View data |
10 | 10 Malta | 0.089 | 2023 | +8.23% | -1.24% | View data |