In 2023, Spain led Europe in environmentally related tax revenue from pollution in paper manufacturing, with an increase of 3.69% year-over-year. Slovakia and France also saw moderate increases, with Slovakia experiencing the most significant rise at 4.43%. Meanwhile, the UK and Czech Republic faced substantial declines at -14.33% and -33.05%, respectively. Lithuania achieved notable growth, up 11.91%, contrasting with declines in Scandinavian countries such as Sweden and Denmark. Switzerland and Finland had marginal decreases.
Future trends to watch include the impact of stricter EU emissions regulations, which may boost tax revenues as environmental policies tighten. Additionally, innovations in greener processes within the manufacturing sector could either lead to decreased tax revenue through reduced pollution or increased revenues as new taxable areas are identified. Monitoring the balance between environmental policy evolution and industrial adaptation will be crucial.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Paper and Paper Products by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 19.45 | 2023 | +10.57% | +3.69% | View data |
| 2 | 2 Sweden | 11.98 | 2023 | -2.91% | -5.21% | View data |
| 3 | 3 Hungary | 10.72 | 2023 | +2.45% | +2.48% | View data |
| 4 | 4 France | 9.28 | 2023 | +2.72% | +3.58% | View data |
| 5 | 5 Slovakia | 9.1 | 2023 | +1.98% | +4.43% | View data |
| 6 | 6 Poland | 6.16 | 2023 | -0.69% | +0.18% | View data |
| 7 | 7 United Kingdom | 3.97 | 2023 | -19.71% | -14.33% | View data |
| 8 | 8 Italy | 1.69 | 2023 | -0.85% | -4.9% | View data |
| 9 | 9 Serbia | 0.85 | 2023 | +4.33% | +6.32% | View data |
| 10 | 10 Belgium | 0.79 | 2023 | +2.76% | +2.81% | View data |
