In 2023, France led European nations in tax revenue from pollution in forestry, amounting to 44.9 million USD. Notable growth was seen in Norway, up 2.89%, and mitigating factors affected Poland and Finland, with decreases of 1.16% and 2.02% respectively. Austria and Belgium experienced slight increases, whereas Latvia surged by 12.71%. In contrast, Romania and Iceland saw declines. The 5-year compound annual growth rate (CAGR) signaled overall growth in the sector, suggesting consistent interest in environmental taxation as a policy tool.
Future trends to watch include potential policy shifts toward stronger environmental protocols that could raise tax revenues further. Monitoring how EU regulatory changes influence country-specific strategies will be critical, particularly in nations currently demonstrating high growth rates such as Latvia and Austria. Also, increased collaborative initiatives across European nations could potentially harmonize tax structures on pollution in forestry and logging.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Forestry and Logging Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 44.9 | 2023 | +29.63% | +46.06% | View data |
| 2 | 2 Norway | 27.03 | 2023 | +2.97% | +2.89% | View data |
| 3 | 3 Poland | 12.28 | 2023 | -1.54% | -1.16% | View data |
| 4 | 4 Finland | 5.65 | 2023 | -0.58% | -2.02% | View data |
| 5 | 5 Lithuania | 4.64 | 2023 | -0.032% | +0.59% | View data |
| 6 | 6 Hungary | 2.57 | 2023 | +2.02% | +1.93% | View data |
| 7 | 7 Serbia | 1.54 | 2023 | +3.91% | +3.59% | View data |
| 8 | 8 Austria | 0.32 | 2023 | +5.73% | +4.89% | View data |
| 9 | 9 Belgium | 0.31 | 2023 | +5.15% | +4.4% | View data |
| 10 | 10 Sweden | 0.29 | 2023 | +6.3% | +0.066% | View data |
