In 2023, France led in environmentally related tax revenue from pollution in manufacturing, increasing by 8.01% to $26.23 million. Poland, at $14.95 million, experienced a slight decline. Spain and Hungary saw moderate gains at 2.65% and 2.32% respectively. The UK faced a notable drop of 9.84%, alongside decreases in Denmark, Sweden, Italy, Belgium, and Finland. Estonia, Serbia, Malta, and Latvia showed upward trends. During the last five years, a diverse array of growth rates and declines reflects regional policy variances and economic activities.
In 2024 and beyond, Europe aims to enhance eco-tax frameworks, potentially increasing pollution taxes to bolster sustainable practices and promote cleaner technologies. Monitoring policy shifts and technological advancements will be essential for forecasting future revenue trends and regional compliance strategies.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 26.23 | 2023 | +3.11% | +8.01% | View data |
| 2 | 2 Poland | 14.95 | 2023 | -1.28% | -0.86% | View data |
| 3 | 3 Spain | 12.05 | 2023 | +10.05% | +2.65% | View data |
| 4 | 4 Hungary | 8.45 | 2023 | +3.63% | +2.32% | View data |
| 5 | 5 United Kingdom | 8.16 | 2023 | -11.21% | -9.84% | View data |
| 6 | 6 Denmark | 5.39 | 2023 | -0.57% | -2.39% | View data |
| 7 | 7 Sweden | 5.19 | 2023 | +0.75% | -0.69% | View data |
| 8 | 8 Italy | 4.6 | 2023 | -2.75% | -5.2% | View data |
| 9 | 9 Belgium | 3.87 | 2023 | -2.62% | -2.78% | View data |
| 10 | 10 Austria | 2.3 | 2023 | +2.38% | -1.44% | View data |