The European environmentally related tax revenue from taxes on pollution in architectural and engineering activities; technical testing and analysis indicates varied trends across countries. In 2023, the United Kingdom led with $36.7 million, although it declined by 2.06%. Notably, Serbia's revenue surged by 10.81%, while smaller economies like Slovenia and Slovakia also saw significant increases, at 16% and 15.14% respectively. Conversely, Romania and Iceland experienced downturns of 8.33% and 1.89% respectively. Over the past five years, some countries have shown a higher compound annual growth rate, indicating potential growth.
Looking forward, the focus on stricter environmental regulations and sustainable practices may influence these revenues. Countries maintaining or increasing investments in green technologies and compliance might see further growth in this area, while those lagging may face stagnation or declines in tax revenue from pollution-related activities.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Architectural and Engineering Activities; Technical Testing and Analysis Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 36.7 | 2023 | -3.79% | -2.06% | View data |
| 2 | 2 Malta | 16.37 | 2023 | +8.11% | +9.74% | View data |
| 3 | 3 Sweden | 13.33 | 2023 | +6.53% | +2.22% | View data |
| 4 | 4 Belgium | 12.8 | 2023 | +1.34% | +1.51% | View data |
| 5 | 5 Serbia | 9.67 | 2023 | +4.79% | +10.81% | View data |
| 6 | 6 Denmark | 9.37 | 2023 | +0.16% | -1.57% | View data |
| 7 | 7 Switzerland | 0.44 | 2023 | +0.4% | -0.35% | View data |
| 8 | 8 Portugal | 0.43 | 2023 | +8.74% | +5.76% | View data |
| 9 | 9 Slovenia | 0.37 | 2023 | +9.25% | +16% | View data |
| 10 | 10 Slovakia | 0.36 | 2023 | +4.11% | +15.14% | View data |
