The analysis of Global Environmentally-Related Transport Tax Revenue reveals nuanced variations across countries in 2023. Mauritius, Jamaica, and Kenya show the most significant impact in terms of GDP proportion. The data indicates notable declines in many European countries, including Denmark and Finland, while emerging markets such as Morocco and Ukraine exhibit positive growth. Iceland and Mauritania have seen notable decreases. Countries like Togo, Nigeria, and Papua New Guinea experienced remarkable upward trends, with gains driven by policy changes and economic conditions.
Future Trends:
- Increasing pressure for sustainable and green transportation solutions may drive further tax reforms, particularly in developed nations aiming to reduce carbon footprints.- Improvements in electric vehicle technology and infrastructure may impact tax revenues as governments recalibrate for reduced fossil fuel reliance.- Economic recovery post-COVID-19 and geopolitical stability will play critical roles in shaping tax strategies in the transportation sector, especially in emerging markets.
Top countries in Environmentally-Related Transport Tax Revenue by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mauritius | 1.64 | 2023 | +0.61% | +0.75% | View data |
| 2 | 2 Jamaica | 1.34 | 2023 | +12.61% | +2.06% | View data |
| 3 | 3 Kenya | 1.16 | 2023 | 0% | -1.8% | View data |
| 4 | 4 Denmark | 1.12 | 2023 | -1.75% | -5.55% | View data |
| 5 | 5 Guyana | 1.11 | 2023 | +3.74% | +1.12% | View data |
| 6 | 6 Israel | 1.09 | 2023 | -1.8% | -1.74% | View data |
| 7 | 7 Bhutan | 1.07 | 2023 | +13.83% | +5.61% | View data |
| 8 | 8 Austria | 0.95 | 2023 | 0% | -0.82% | View data |
| 9 | 9 Netherlands | 0.9 | 2023 | -1.1% | -3.4% | View data |
| 10 | 10 Uruguay | 0.84 | 2023 | 0% | +1.76% | View data |
