In 2023, the Solomon Islands led Global Climate Change-Related Resources Tax Revenue at 5.71% of GDP, while Morocco registered a unique negative GDP value. Notably, trends varied: Czech Republic and Mexico saw significant year-over-year growth in revenue, at 7.3% and 5.92% respectively. Estonia and the Philippines showcased declines of 9.15% and 16.91% in revenue. The Competitive Analysis Growth Rate (CAGR) over five years suggests a challenging landscape for countries like Lithuania and Sweden with decreasing average rates annually.
Future trends to monitor include policy shifts in countries significantly increasing or decreasing revenues, potential new taxation frameworks, and their impact on global markets. Japan and India may emerge as major players in expanding climate-related revenue.
Top countries in Climate Change-Related Resources Tax Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Solomon Islands | 5.71 | 2023 | +7.53% | -1.47% | View data |
| 2 | 2 Mali | 0.39 | 2023 | +2.63% | +6.1% | View data |
| 3 | 3 China | 0.2 | 2023 | +5.26% | +2.13% | View data |
| 4 | 4 Latvia | 0.13 | 2023 | 0% | +5.39% | View data |
| 5 | 5 Lithuania | 0.11 | 2023 | +10% | -3.29% | View data |
| 6 | 6 Mexico | 0.04 | 2023 | 0% | +5.92% | View data |
| 7 | 7 Czech Republic | 0.002 | 2023 | +2.39% | +7.3% | View data |
| 8 | 8 Estonia | 0.001 | 2023 | -2.96% | -9.15% | View data |
| 9 | 9 Philippines | 0 | 2023 | -28.51% | -16.91% | View data |
| 10 | 10 Sweden | 0 | 2023 | +3% | -8.16% | View data |
