In 2023, the Netherlands led European environmentally related tax revenue from taxes on pollution in advertising and market research, with $68.3 million, growing by 0.4% year-on-year. The United Kingdom and Italy experienced declines of 3.02% and 4.06%, respectively. Conversely, Sweden and Slovenia showed year-on-year increases, at 1.88% and 8.47%. Notably, Serbia faced a significant 11.16% drop. Over the last five years, compound annual growth rates (CAGR) varied, with some countries portraying resilience while others faced challenges.
Future trends to watch include increasing emphasis on sustainable practices, potentially altering the tax framework. Regulatory changes in the EU and technological advancements in advertising may influence tax revenues, as sustainability becomes a growing priority.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Advertising and Market Research Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 68.3 | 2023 | +2.09% | +0.4% | View data |
| 2 | 2 United Kingdom | 19.25 | 2023 | -1.57% | -3.02% | View data |
| 3 | 3 Italy | 5.08 | 2023 | +0.69% | -4.06% | View data |
| 4 | 4 Sweden | 2.93 | 2023 | +6.48% | +1.88% | View data |
| 5 | 5 Austria | 1.42 | 2023 | +4.18% | -1.85% | View data |
| 6 | 6 Hungary | 1.17 | 2023 | +4.34% | +0.17% | View data |
| 7 | 7 Serbia | 0.74 | 2023 | +1.84% | -11.16% | View data |
| 8 | 8 Lithuania | 0.61 | 2023 | -1.31% | -1.99% | View data |
| 9 | 9 Slovenia | 0.23 | 2023 | +6.93% | +8.47% | View data |
| 10 | 10 Malta | 0.11 | 2023 | +3.05% | View data |
