In 2023, Italy led European environmentally related tax revenue in water collection, treatment, and supply, capturing a significant position with $44.34 million USD. The United Kingdom followed with $15.51 million USD, marking a strong annual growth of 0.94%. Notable is Ireland's sharp annual increase of 25.05%, while countries like France and Germany experienced declines of 0.88% and 1.45% respectively. Emerging markets like Malta and Serbia showed improvements with growth above 1%, whereas Finland and Denmark saw notable declines in their revenue shares.
Looking ahead, European countries may intensify their focus on environmental sustainability, potentially reshaping tax structures related to water management. The significant increase in Ireland suggests potential policy shifts and innovations worth monitoring. Furthermore, understanding the impact of green policies on financial frameworks across Europe will be crucial for forecasting future tax revenue trajectories in the water sector.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Water Collection, Treatment and Supply Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44.34 | 2023 | +1.58% | +0.069% | View data |
| 2 | 2 United Kingdom | 15.51 | 2023 | +1.55% | +0.94% | View data |
| 3 | 3 France | 10.44 | 2023 | +1.54% | -0.88% | View data |
| 4 | 4 Germany | 8.85 | 2023 | -1.17% | -1.45% | View data |
| 5 | 5 Ireland | 6.65 | 2023 | +17.65% | +25.05% | View data |
| 6 | 6 Greece | 2.75 | 2023 | +0.96% | +1.04% | View data |
| 7 | 7 Czech Republic | 1.77 | 2023 | -0.37% | -2.56% | View data |
| 8 | 8 Belgium | 1.59 | 2023 | +1.07% | +0.24% | View data |
| 9 | 9 Portugal | 1.37 | 2023 | +1.73% | +0.4% | View data |
| 10 | 10 Hungary | 1.24 | 2023 | +0.37% | +0.28% | View data |
