In 2023, Germany led European environmentally related tax revenue in the warehousing and support activities for transportation sector, followed by France and Italy. Notably, Ireland saw a significant 15% increase, signaling vibrant growth. Conversely, Belgium and Finland witnessed the most considerable declines at 6.77% and 13.19% respectively. Greece's growth of 2.28% marked a positive trend, highlighting regional variations in revenue trajectories. Interestingly, smaller economies like Switzerland, Slovakia, and Romania displayed modest yet promising growth rates.
Looking ahead, it's crucial to monitor the progression of green policies and tax reforms across Europe, which could significantly alter the revenue landscape. An increased emphasis on sustainable transportation and warehousing solutions could propel further tax adjustments, fostering a predominantly eco-friendly industry environment.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Warehousing and Support Activities for Transportation by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,850 | 2023 | -2.58% | -2.9% | View data |
| 2 | 2 France | 736.75 | 2023 | +5.94% | -0.43% | View data |
| 3 | 3 Italy | 588.91 | 2023 | -0.48% | -3.34% | View data |
| 4 | 4 Netherlands | 246.22 | 2023 | +2.27% | -0.52% | View data |
| 5 | 5 Greece | 221.05 | 2023 | +2.33% | +2.28% | View data |
| 6 | 6 Poland | 171.16 | 2023 | -0.38% | -1.89% | View data |
| 7 | 7 Czech Republic | 145.95 | 2023 | +1.12% | +0.17% | View data |
| 8 | 8 Belgium | 136.28 | 2023 | -6.93% | -6.77% | View data |
| 9 | 9 Ireland | 131.33 | 2023 | +10.98% | +14.98% | View data |
| 10 | 10 Sweden | 101.86 | 2023 | -0.25% | -0.45% | View data |