The leading contributor to European environmentally-related tax revenue from transport in activities of membership organizations in 2023 was the United Kingdom, with 31.49 million USD. Italy follows with 18.4 million USD, with other countries like the Netherlands and Switzerland contributing significantly less. The year-on-year analysis shows minor positive growth in the UK and Austria, whereas dramatic declines occur in Romania and Ireland. A five-year trend indicates steady growth driven by countries with positive innovations in eco-friendly transport initiatives, whereas others are struggling with revenue reductions.
Future trends to watch include the increasing adoption of sustainable policies and measures aimed at reducing carbon footprints, which could further influence these tax revenues. The ongoing transition to electric vehicles and broader transport decarbonization efforts will likely affect tax structures and revenues. Additionally, international regulatory developments concerning climate change are expected to shape future tax revenue flows in this sector across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Activities of Membership Organisations Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 31.49 | 2023 | -1% | +0.4% | View data |
| 2 | 2 Italy | 18.4 | 2023 | +1.29% | -0.066% | View data |
| 3 | 3 Netherlands | 12.55 | 2023 | +3.78% | -0.66% | View data |
| 4 | 4 Switzerland | 10.23 | 2023 | -1.02% | -2.36% | View data |
| 5 | 5 Norway | 6.56 | 2023 | +0.82% | -0.57% | View data |
| 6 | 6 Denmark | 5.55 | 2023 | +1.24% | -0.31% | View data |
| 7 | 7 Belgium | 4.91 | 2023 | -3.35% | -4.58% | View data |
| 8 | 8 Austria | 4.12 | 2023 | +2.34% | +3.7% | View data |
| 9 | 9 Greece | 1.69 | 2023 | -2.35% | -2.29% | View data |
| 10 | 10 Ireland | 1.58 | 2023 | +25.42% | -5.47% | View data |