In 2023, Hungary led the Global Pollution Environmental Tax by Country, contributing 0.24% of its GDP, followed by Ukraine and Slovakia at 0.21% and 0.19%, respectively. The Netherlands and Italy showed moderate contributions of 0.18% and 0.094%. Nordic countries such as Denmark (0.084%) and Sweden (0.064%) trailed behind. African nations like Ivory Coast (0.038%) and Cameroon (0.0011%) showed lower contributions, revealing a global disparity. The United Kingdom (0.028%) and Portugal (0.0068%) also had lower tax figures.
Year-on-year changes highlight a dynamic landscape, with notable increases in Hungary and Cameroon at 1.31% and 27.49%, respectively, while the United Kingdom and Portugal saw significant declines at -6.22% and -19.26%. Over five years, Italy and Sweden saw substantial positive growth, contrasting with Denmark and the UK, which experienced declines.
Future trends to watch include potential alignments between higher and lower-contributing countries, regulatory changes, and economic factors influencing environmental tax contributions globally. Increased global awareness and policy changes could drive substantial shifts in these values in the coming years.
Top countries in Pollution Environmental Tax by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 0.24 | 2023 | +1.94% | +1.31% | View data |
| 2 | 2 Ukraine | 0.21 | 2023 | +0.95% | +0.53% | View data |
| 3 | 3 Slovakia | 0.19 | 2023 | +0.38% | -0.47% | View data |
| 4 | 4 Netherlands | 0.18 | 2023 | -1.07% | +0.38% | View data |
| 5 | 5 Italy | 0.094 | 2023 | +1.8% | +6.96% | View data |
| 6 | 6 Denmark | 0.084 | 2023 | -1.1% | -2.55% | View data |
| 7 | 7 Sweden | 0.064 | 2023 | +2.76% | +4.91% | View data |
| 8 | 8 Ivory Coast | 0.038 | 2023 | +7.11% | +16.51% | View data |
| 9 | 9 United Kingdom | 0.028 | 2023 | -4.6% | -6.22% | View data |
| 10 | 10 Portugal | 0.007 | 2023 | +3.38% | -19.26% | View data |
