The analysis of Global Environmentally Related Transport Tax Revenue for 2024 shows China and the United States as leaders, with revenues of $73.31 billion and $62.77 billion respectively. Although China showed a lesser year-on-year growth of 2.3%, it remains at the forefront of investment. Meanwhile, the United States achieved a slightly higher year-on-year growth of 2.38%. Notably, Egypt and Ukraine displayed significant increases in tax revenue with 15.7% and 16.68% growth, respectively.
Key variations over the past year: - China (+2.3%)- United States (+2.38%)- Germany (-0.22%)- Australia (+4.65%)- Switzerland (-10.51%) - Finland (-4.94%) - Egypt (+15.7%) - Ukraine (+16.68%) - Togo (+42.67%)
Future trends to watch include increased attention towards sustainable transportation taxes, potentially fueled by global climate policies. Countries with falling revenues, such as Switzerland and Finland, may implement reforms to catch up with global shifts towards increased environmental taxation.
Top countries in Environmentally-Related Transport Tax Revenue by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73,310 | 2023 | +3.57% | +2.3% | View data |
| 2 | 2 United States | 62,770 | 2023 | +6.55% | +2.38% | View data |
| 3 | 3 United Kingdom | 16,140 | 2023 | +8.15% | +0.97% | View data |
| 4 | 4 Brazil | 14,760 | 2023 | +7.39% | -0.073% | View data |
| 5 | 5 India | 12,540 | 2023 | +2.77% | +3.05% | View data |
| 6 | 6 Germany | 11,970 | 2023 | +0.45% | -0.22% | View data |
| 7 | 7 Australia | 11,460 | 2023 | +1.9% | +4.65% | View data |
| 8 | 8 Netherlands | 9,470 | 2023 | +1.4% | -0.55% | View data |
| 9 | 9 Austria | 4,690 | 2023 | +1.78% | +0.88% | View data |
| 10 | 10 Canada | 4,510 | 2023 | +1.52% | +1.45% | View data |
