The analysis of European national expenditure on environmental protection shows that Italy leads with 23.9 million euros, followed by Austria at 19.87 million euros, and Belgium at 17.61 million euros. Over the last year, Portugal and Latvia experienced notable increases of 2.59% and 5.2% respectively, while Ireland saw a significant decline of 8.69%. Over the last two years, the observed variations show that several countries are ramping up their environmental expenditure, indicating a sustained focus on environmental issues. Long-term trends reveal that Lithuania and Latvia have seen notable growth, pointing towards increasing investment in environmental protection activities.
Looking forward, countries in Europe might further increase their environmental protection expenditure due to stronger policy frameworks and international pressure to meet climate targets. Emerging trends to watch include the adoption of green technology and the impact of European Union regulations on environmental investments. Nations with previously low investment, such as Slovakia and the Baltic states, might see accelerated growth rates in their environmental budgets as they catch up with Western European standards.
Top countries in National Expenditure on Environmental Protection in All Environmental Protection Activities in All Activities by Specialist Producers Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.9 | 2023 | +1.05% | +0.5% | View data |
| 2 | 2 Austria | 19.87 | 2023 | +2.09% | +2.15% | View data |
| 3 | 3 Belgium | 17.61 | 2023 | +1.01% | +0.8% | View data |
| 4 | 4 Spain | 15.32 | 2023 | +2.31% | +0.52% | View data |
| 5 | 5 Netherlands | 11.63 | 2023 | +0.61% | +0.46% | View data |
| 6 | 6 Portugal | 3.74 | 2023 | +2.46% | +2.59% | View data |
| 7 | 7 Finland | 3.18 | 2023 | -0.93% | -1.84% | View data |
| 8 | 8 Slovakia | 0.96 | 2023 | +0.55% | +2.15% | View data |
| 9 | 9 Lithuania | 0.9 | 2023 | +4.05% | +4.89% | View data |
| 10 | 10 Slovenia | 0.89 | 2023 | +0.72% | +2.37% | View data |
