The air pollution-related total tax revenue as a percentage of GDP in the Philippines is forecasted to remain constant at 0.72% from 2024 to 2028. There appears to be no variation in the percentage year-on-year, indicating stability in this area. In 2023, the air pollution-related total tax revenue stood at 0.72% of GDP, showing no growth or decline over the last two years. The compound annual growth rate (CAGR) is also zero, demonstrating no change over the five-year period from 2024 to 2028.
Future trends to watch for:
- Potential policy changes or new regulations aimed at reducing air pollution, which could impact tax revenue.
- Technological advancements in pollution control and their effects on tax revenue collection.
- Economic fluctuations that may affect overall GDP and subsequently the percentage of tax revenue related to air pollution.
