European Environmentally Related Tax Revenue from Taxes on Transport in Activities Auxiliary to Financial Services and Insurance Activities shows varied trends among countries. Italy leads with the highest revenue, but only a marginal growth of 0.073% in 2023. Ireland stands out with a significant 28.04% year-on-year increase, indicating strong growth momentum. Norway also shows a positive outlook with a 5.99% rise. Conversely, the Netherlands and Belgium experienced drops of 1.03% and 4.94%, respectively. Eastern European countries like Romania and Bulgaria depicted declining revenues. Most notable was Romania with a 25.18% decrease.
Future trends to watch for include:
- Continued revenue growth in Ireland and Norway, driven by sustainable transport initiatives.
- Potential policy shifts in countries experiencing declines, such as Romania, to reverse negative trends.
- A focus on aligning environmental tax strategies with broader EU sustainability goals, potentially driving changes in transport tax policies.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Activities Auxiliary to Financial Services and Insurance Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 56.28 | 2023 | +0.51% | +0.073% | View data |
| 2 | 2 Ireland | 51.82 | 2023 | +14.1% | +28.04% | View data |
| 3 | 3 Norway | 27.62 | 2023 | +6.67% | +5.99% | View data |
| 4 | 4 Netherlands | 11.25 | 2023 | +10.79% | -1.03% | View data |
| 5 | 5 Belgium | 8.01 | 2023 | -4.64% | -4.94% | View data |
| 6 | 6 Greece | 7.23 | 2023 | +1.38% | +1.58% | View data |
| 7 | 7 Portugal | 4.83 | 2023 | +9.75% | +5.14% | View data |
| 8 | 8 Germany | 4.28 | 2023 | +1.86% | +3.92% | View data |
| 9 | 9 Sweden | 0.9 | 2023 | -1.49% | -3.88% | View data |
| 10 | 10 Denmark | 0.71 | 2023 | +0.99% | +1.52% | View data |
