The analysis of European Environmentally Related Tax Revenue from Taxes on Energy in Water Supply, Sewerage, Waste Management, and Remediation Activities in 2023 reveals France leading with significant revenue of $22.63 million USD PPP, closely followed by the United Kingdom at $20.83 million. Notably, Greece and Ireland exhibited strong year-on-year growth rates at 3.64% and 5.28% respectively. Ireland and Slovenia also demonstrated a robust five-year CAGR, indicating a positive trend in environmentally related tax revenue. Conversely, Hungary and Latvia experienced declines, indicating potential economic or policy challenges in these countries.
Future trends are worth monitoring as European countries continue to enhance environmental sustainability initiatives. Potential increase in tax revenues may be driven by improved regulatory frameworks, increased energy efficiency, and transitioning towards more sustainable waste management practices. Additionally, ongoing economic recovery and EU green policy implementations could further influence both positive and negative shifts in tax revenues across the continent.
- France, United Kingdom, and Greece are top contributors to tax revenue.
- Positive growth observed in Ireland and Slovenia.
- Hungary and Latvia show declining trends.
- Future focus on sustainable policies and green initiatives might impact tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Water Supply; Sewerage, Waste Management and Remediation Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 22.63 | 2023 | +6.09% | +1.6% | View data |
| 2 | 2 United Kingdom | 20.83 | 2023 | +0.63% | +0.19% | View data |
| 3 | 3 Greece | 11.9 | 2023 | +2.17% | +3.64% | View data |
| 4 | 4 Belgium | 6.76 | 2023 | +2.43% | +1.95% | View data |
| 5 | 5 Czech Republic | 6.4 | 2023 | +0.99% | +0.5% | View data |
| 6 | 6 Ireland | 6.1 | 2023 | +3.36% | +5.28% | View data |
| 7 | 7 Sweden | 5.88 | 2023 | +3.4% | +3% | View data |
| 8 | 8 Netherlands | 5.62 | 2023 | +2.16% | +0.28% | View data |
| 9 | 9 Denmark | 3.09 | 2023 | +0.12% | +0.82% | View data |
| 10 | 10 Portugal | 2.83 | 2023 | +4.53% | +0.97% | View data |
