The 2023 data analysis reveals Italy leading in environmentally related tax revenue from scientific research and development, with a value significantly higher than other countries. France follows with a sizable yet much lower revenue. Switzerland, Spain, and Ireland trail at considerable gaps. Year-on-year variations indicate mixed trends, with Ireland and Austria experiencing the most growth at 5.87% and 5.07%, respectively. Conversely, Lithuania and Hungary face notable declines, at -14.73% and -5.37%, respectively. Over five years, most countries show subdued CAGR, aligning with economic and environmental policy changes.
Future trends to monitor include policy shifts across Europe towards sustainable development and taxation reforms targeting carbon emissions. These factors could influence growth in environmentally related tax revenues across the board, particularly as countries strive to meet carbon-neutral commitments.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Scientific Research and Development by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 316.34 | 2023 | +1.97% | +1.08% | View data |
| 2 | 2 France | 201.95 | 2023 | +4.88% | -0.28% | View data |
| 3 | 3 Switzerland | 15.71 | 2023 | +1.41% | +0.19% | View data |
| 4 | 4 Spain | 10.47 | 2023 | +0.13% | +0.85% | View data |
| 5 | 5 Ireland | 5.36 | 2023 | +3.93% | +5.87% | View data |
| 6 | 6 Austria | 4.2 | 2023 | +1.08% | +5.07% | View data |
| 7 | 7 Romania | 3.31 | 2023 | +2.08% | +0.54% | View data |
| 8 | 8 Greece | 2.44 | 2023 | -1.2% | -0.97% | View data |
| 9 | 9 Slovakia | 1.9 | 2023 | +2.1% | -3.28% | View data |
| 10 | 10 Hungary | 1.06 | 2023 | -6.95% | -5.37% | View data |
