The Netherlands leads in environmentally related tax revenue, at $37 million, with a positive growth trend of 1.56% from 2023. The UK follows at $17.56 million, experiencing a decline of 2.75%. Among others, Belgium grew by 0.86%, while Italy, facing a decline, dropped 3.32%. A notable rise is seen in Serbia and Lithuania, with over 5% growth, while Romania saw the steepest drop at nearly 9%. Generally, most countries show minor fluctuations, indicating a stable trend across Europe.
Future trends to watch include increasing environmental regulations, which could enhance tax revenue from "green" initiatives. Countries under economic pressures might align their policies to reinforce eco-taxation, driven by global sustainability targets.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Arts, Entertainment and Recreation by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 37 | 2023 | +5.68% | +1.56% | View data |
| 2 | 2 United Kingdom | 17.56 | 2023 | -1.58% | -2.75% | View data |
| 3 | 3 Belgium | 9.08 | 2023 | +1.7% | +0.86% | View data |
| 4 | 4 Poland | 2.7 | 2023 | +0.79% | +1.07% | View data |
| 5 | 5 Italy | 2.37 | 2023 | -1.68% | -3.32% | View data |
| 6 | 6 Denmark | 1.68 | 2023 | -1.37% | -2.65% | View data |
| 7 | 7 Sweden | 1.33 | 2023 | +6.48% | +2.05% | View data |
| 8 | 8 Portugal | 0.41 | 2023 | +1.03% | +2.76% | View data |
| 9 | 9 Hungary | 0.21 | 2023 | +5.56% | +1.99% | View data |
| 10 | 10 Serbia | 0.18 | 2023 | +4.26% | +6.34% | View data |
