In 2023, Italy led in environmentally related tax revenue from pollution in human health activities with a value of 24.38 million USD, though it experienced a significant decline of 9.91% year-on-year. Belgium followed with a slight decrease, while France recorded a growth of 4.97%. Poland's revenue declined by 2.02%, whereas Switzerland experienced a marginal increase. Denmark, Portugal, and Sweden saw minor year-on-year growth in revenue, contrasting with Norway's stagnant figure. Notably, Hungary showed a substantial increase of 8.68%, with other smaller nations like Malta, Iceland, Lithuania, and Romania also recording growth in this sector.
Future trends to monitor include potential policy changes and technological advancements that could alter tax revenues. The widespread impact of such policies, aimed at curbing pollution, may stimulate further growth in tax revenue across Europe, reflecting an increased emphasis on environmental sustainability. As countries adopt stricter environmental regulations, revenues could exhibit greater fluctuations, depending on their implementation and effectiveness.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Human Health Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24.38 | 2023 | -6.39% | -9.91% | View data |
| 2 | 2 Belgium | 22.33 | 2023 | -1.09% | -1.43% | View data |
| 3 | 3 France | 14.5 | 2023 | +4.15% | +4.97% | View data |
| 4 | 4 Poland | 14.42 | 2023 | -2.7% | -2.02% | View data |
| 5 | 5 Switzerland | 13.34 | 2023 | -0.0076% | +0.81% | View data |
| 6 | 6 Denmark | 8.68 | 2023 | +0.082% | +1.43% | View data |
| 7 | 7 Portugal | 2 | 2023 | +1.03% | +2.65% | View data |
| 8 | 8 Sweden | 1.47 | 2023 | +6.52% | +1.77% | View data |
| 9 | 9 Norway | 1 | 2023 | +3.68% | View data | |
| 10 | 10 Hungary | 0.62 | 2023 | +4.67% | +8.68% | View data |
