The European environmentally related tax revenue from taxes on transport in crop and animal production, hunting, and related service activities showcases significant disparities across countries. In 2023, Switzerland led with the highest revenue at $172.95 million, exhibiting a positive growth trend of 3.16% year-on-year, contrasting with Italy, that reported a negative growth. Notably, Portugal and Iceland experienced growth at 3.51% and 3.21% respectively. Larger economies like Germany and the UK experienced declines, reflecting broader economic challenges or policy shifts affecting tax efficiencies.
Future trends to watch include the potential impact of European Green Deal initiatives which may influence tax policies and further drive environmentally related tax revenue variance among countries. Additionally, the adaptation of new technologies in transport and farming practices could reshape the revenue landscape, potentially catalyzing both increases and reformulations of tax structures aimed at sustainability enhancements.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Crop and Animal Production, Hunting and Related Service Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 172.95 | 2023 | +2.91% | +3.16% | View data |
| 2 | 2 Italy | 152.19 | 2023 | +0.42% | -0.88% | View data |
| 3 | 3 Finland | 61.82 | 2023 | +2.9% | +1.52% | View data |
| 4 | 4 Portugal | 48.35 | 2023 | +5.57% | +3.51% | View data |
| 5 | 5 United Kingdom | 44.1 | 2023 | -6.29% | -5.56% | View data |
| 6 | 6 Netherlands | 38.83 | 2023 | +2.78% | -0.67% | View data |
| 7 | 7 Poland | 21.88 | 2023 | -4.23% | -1.51% | View data |
| 8 | 8 Germany | 19.22 | 2023 | -1.72% | -1.46% | View data |
| 9 | 9 Hungary | 14.88 | 2023 | +0.99% | -2.44% | View data |
| 10 | 10 Belgium | 9 | 2023 | -1.34% | -3.37% | View data |
