The United Kingdom leads European economically related tax revenue, with $124.48 million, significantly surpassing Germany and Switzerland. It shows consistent growth at 1.61%. Germany and the Netherlands show better improvement, with the Netherlands having a 6.69% rise. Notably, Norway's revenue is expanding by 13.03%, while many other countries experience declines, with Poland, Denmark, and Hungary showing falling revenue. Cyprus and Iceland exhibit significant contractions. Overall, the sector has experienced varied annual changes, with notable CAGRs over five years indicating an evolving market landscape driven by regional priorities.
Future trends to monitor include new EU green policies potentially increasing taxes on transport. Countries with initial declines might implement measures to boost environmentally related tax revenue. Additionally, technological advancements in transportation might significantly impact tax strategies and collections.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 124.48 | 2023 | +1.03% | +1.61% | View data |
| 2 | 2 Germany | 14.11 | 2023 | +1.61% | +2% | View data |
| 3 | 3 Switzerland | 6.65 | 2023 | -0.26% | -1.39% | View data |
| 4 | 4 Netherlands | 6.55 | 2023 | +0.96% | +6.69% | View data |
| 5 | 5 Serbia | 2.75 | 2023 | +3.4% | +1.22% | View data |
| 6 | 6 Ireland | 1.24 | 2023 | +12.73% | +0.1% | View data |
| 7 | 7 Denmark | 1.14 | 2023 | +1.51% | -1.28% | View data |
| 8 | 8 Greece | 1.08 | 2023 | +2.98% | +2.16% | View data |
| 9 | 9 Poland | 0.82 | 2023 | -9.01% | -0.52% | View data |
| 10 | 10 Portugal | 0.39 | 2023 | +10.89% | +5.49% | View data |
