In 2023, Ireland led in environmentally related tax revenue from transport taxes in the furniture, jewellery, musical instruments, toys, repair, and installation of machinery and equipment sectors, followed by Italy and France. Year-on-year, notable changes included an increase of 8.8% in Hungary and 5.7% in Estonia, contrasting with declines in Greece (-7.85%) and Iceland (-6.81%). Over five years, varied growth balances highlight Ireland's dominance, with Austria and Portugal showing significant upward trends, while Greece and Belgium experienced contractions.
Looking forward, emphasis on sustainability and green taxation could drive revenue changes. Emerging environmental regulations and economic shifts may influence tax structures, potentially increasing focus on innovative eco-friendly manufacturing solutions in Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Furniture; Jewellery, Musical Instruments, Toys; Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 147.08 | 2023 | +7.57% | +2.57% | View data |
| 2 | 2 Italy | 75.14 | 2023 | +0.3% | -0.26% | View data |
| 3 | 3 France | 37.69 | 2023 | +5.32% | +1.46% | View data |
| 4 | 4 Germany | 18.72 | 2023 | -0.23% | +0.64% | View data |
| 5 | 5 Austria | 17.53 | 2023 | +3.35% | +3.7% | View data |
| 6 | 6 Portugal | 9.53 | 2023 | +6.75% | +3.51% | View data |
| 7 | 7 Belgium | 9.43 | 2023 | -0.23% | -0.94% | View data |
| 8 | 8 Switzerland | 7.7 | 2023 | +0.74% | +0.1% | View data |
| 9 | 9 Czech Republic | 7.59 | 2023 | +1.17% | +0.62% | View data |
| 10 | 10 Greece | 5 | 2023 | -9.75% | -7.85% | View data |
