In 2024, China's climate change-related transport tax revenue leads globally at $114.88 billion, continuing a positive growth trend with a 2.59% increase in 2023. Japan follows with $24.28 billion despite a slight decline, while Brazil maintains its position with $18.72 billion. Countries like Portugal and Australia see notable growth, whereas countries like Denmark and Greece experience declines. Emerging markets such as Kenya, Morocco, and Colombia display growth spurts in their tax revenue.
Future trends to monitor include legislative shifts promoting greener transportation, technological advancements in electric vehicles, and emerging economies adopting climate-forward policies, potentially altering revenue patterns significantly by 2025. Enhanced technology integration and international collaboration on environmental standards are likely pivotal factors that could drive the next stage of growth in this sector.
Top countries in Climate Change-Related Transport Tax Revenue by Country
| # | 10 Countries | Million US Dollars PPP = 2010 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 114,880 | 2023 | +3.35% | +2.59% | View data |
| 2 | 2 Japan | 24,280 | 2023 | -0.66% | -1.15% | View data |
| 3 | 3 Brazil | 18,720 | 2023 | +2.47% | -0.22% | View data |
| 4 | 4 Germany | 12,310 | 2023 | +0.24% | -0.4% | View data |
| 5 | 5 South Korea | 10,040 | 2023 | -0.47% | -0.63% | View data |
| 6 | 6 Austria | 4,180 | 2023 | +0.27% | -0.76% | View data |
| 7 | 7 France | 3,690 | 2023 | +1.58% | -0.3% | View data |
| 8 | 8 Mexico | 2,720 | 2023 | +0.92% | -1.13% | View data |
| 9 | 9 Israel | 2,620 | 2023 | +1.2% | +0.66% | View data |
| 10 | 10 Portugal | 2,470 | 2023 | +8.05% | +1.32% | View data |