The 2023 data reveals that France leads in environmental tax revenue, followed by the United Kingdom and Poland. France saw a 2.0% increase, the highest among larger economies. The UK grew modestly by 0.46%, while Poland's revenue decreased by 1.22%. Smaller economies have shown varied performance, with notable declines in countries like Denmark (-11.97%) and Slovakia (-12.97%). However, revenues in Lithuania and Estonia increased slightly, at 4.51% and 4.76% respectively. Italy and Germany reported declines, while Austria and Portugal experienced moderate growth.
Future trends to watch include:
- The impact of EU green policies on tax revenues.
- Shifts towards sustainable insurance and pension investments.
- Expansion of renewable energy sectors influencing tax structures.
- Changing public sentiment and legislation regarding environmental responsibility.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 26.72 | 2023 | +2.6% | +2% | View data |
| 2 | 2 United Kingdom | 25.67 | 2023 | +0.52% | +0.46% | View data |
| 3 | 3 Poland | 22.57 | 2023 | -0.83% | -1.22% | View data |
| 4 | 4 Netherlands | 8.03 | 2023 | +1.06% | +1.74% | View data |
| 5 | 5 Germany | 6.86 | 2023 | -0.52% | -0.73% | View data |
| 6 | 6 Switzerland | 1.96 | 2023 | -1.24% | -2.84% | View data |
| 7 | 7 Italy | 1.34 | 2023 | +0.7% | -0.28% | View data |
| 8 | 8 Czech Republic | 1.22 | 2023 | -0.35% | -0.38% | View data |
| 9 | 9 Sweden | 1.03 | 2023 | -5.28% | -5.54% | View data |
| 10 | 10 Austria | 0.97 | 2023 | +2.49% | +1.7% | View data |
