In 2023, Italy led environmentally-related tax revenue from all environmental taxes in repair activities, with a substantial margin over other European nations, despite a minor decline. The United Kingdom and Sweden showed negative trends, but notable contributors included the Netherlands with a positive growth rate and Spain with slight growth. Conversely, Eastern European countries like Romania and Poland experienced declines, with Hungary and the Czech Republic registering the steepest drops. A steady, albeit minimal, increase was observed in Switzerland, while Norway and Bulgaria witnessed the most significant downturns. The average annual growth over the past five years suggests moderate fluctuations in this sector.
In looking ahead, the future of environmentally-related tax revenue in European countries hinges on policy changes, technological advancement in repair practices, and the broader push for sustainability. Potential growth opportunities may arise from increased recycling initiatives, product longevity strategies, and governmental support for green innovation, which should be monitored as significant potential influencers of tax revenue in this domain.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Repair of Computers and Personal and Household Goods Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 38.83 | 2023 | -1.54% | -3.45% | View data |
| 2 | 2 United Kingdom | 12.14 | 2023 | -3.01% | -2.03% | View data |
| 3 | 3 Sweden | 11.32 | 2023 | -6.87% | -5.8% | View data |
| 4 | 4 Netherlands | 10.35 | 2023 | +3.97% | +4.5% | View data |
| 5 | 5 Spain | 8.95 | 2023 | +0.68% | +1.49% | View data |
| 6 | 6 Belgium | 4.48 | 2023 | -1.07% | -1.75% | View data |
| 7 | 7 Romania | 3.39 | 2023 | -3.89% | -6.3% | View data |
| 8 | 8 Poland | 3.1 | 2023 | -4.12% | -4.14% | View data |
| 9 | 9 Switzerland | 1.97 | 2023 | +0.81% | +1.57% | View data |
| 10 | 10 Slovakia | 0.9 | 2023 | +1.08% | -0.23% | View data |
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