The 2023 data reveals that Germany, France, and Spain lead in environmentally related tax revenue in the manufacturing sectors of wood, paper, and printing, with Germany topping the list. Most countries experienced positive year-on-year variations, with Hungary and Romania having the highest increases, indicating growing fiscal emphasis on environmental taxation. Notably, Latvia, the Czech Republic, and Denmark saw negative growth. Over the last five years, variations have shaped an upward trend, reflecting increasing regulatory pressures and eco-friendly taxation across Europe in these industries.
Future trends to watch include:
- Increased harmonization of environmental taxes across the EU, aiming for uniform eco-standards.
- Potential for more aggressive tax structures in lagging countries to align with EU green goals.
- Technological advancements and shifts in manufacturing processes could influence future tax structures and revenue streams.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Wood, Paper, Printing and Reproduction Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.83 | 2023 | -0.51% | +0.16% | View data |
| 2 | 2 France | 14.25 | 2023 | +2.39% | +0.74% | View data |
| 3 | 3 Spain | 14.18 | 2023 | +2.91% | +2.71% | View data |
| 4 | 4 Poland | 9.33 | 2023 | +1.95% | +1.45% | View data |
| 5 | 5 Romania | 7.19 | 2023 | +4.26% | +6.91% | View data |
| 6 | 6 Sweden | 7.06 | 2023 | +2.4% | +2.43% | View data |
| 7 | 7 Austria | 5.94 | 2023 | +0.51% | +0.32% | View data |
| 8 | 8 Finland | 4.13 | 2023 | +1.57% | +0.52% | View data |
| 9 | 9 Belgium | 3.46 | 2023 | +2.58% | +2.68% | View data |
| 10 | 10 Portugal | 3.23 | 2023 | +3.64% | +2.19% | View data |
