In 2023, Italy led the European nations in environmentally related tax revenue from transport in construction at $532.28 million. Germany and Switzerland showed positive growth, while the United Kingdom and Belgium experienced declines. Noteworthy increases include Switzerland and Ireland, both benefiting from a growing emphasis on environmental taxation. Conversely, Greece showed a significant downturn. Over the past five years, some countries have experienced moderate growth, though a number experience declines, particularly in the UK and several Eastern European countries.
Future trends to watch include increasing alignment of tax policies towards carbon reduction targets. Anticipate enhanced environmental taxes in countries striving to meet EU climate goals, influencing revenue trends significantly.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Construction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 532.28 | 2023 | +0.44% | +0.24% | View data |
| 2 | 2 United Kingdom | 391.42 | 2023 | -1.29% | -0.86% | View data |
| 3 | 3 Germany | 239.79 | 2023 | +0.88% | +1.38% | View data |
| 4 | 4 Denmark | 135.18 | 2023 | +0.51% | -0.59% | View data |
| 5 | 5 Switzerland | 130.71 | 2023 | +2.46% | +2.35% | View data |
| 6 | 6 Belgium | 118.67 | 2023 | -2.3% | -3.56% | View data |
| 7 | 7 Netherlands | 114.29 | 2023 | -1.71% | -3.62% | View data |
| 8 | 8 France | 76.13 | 2023 | +1.38% | -3.3% | View data |
| 9 | 9 Finland | 75.57 | 2023 | +1.87% | +0.29% | View data |
| 10 | 10 Czech Republic | 74.84 | 2023 | +1.38% | +2.17% | View data |