The analysis of global climate change-related transport tax revenue reveals that China leads significantly with its contribution, followed by Japan and Brazil. Notably, larger economies such as Germany and South Korea contribute lesser proportions compared to China. Some smaller economies like Kenya, Morocco, and Colombia show positive growth trends, with year-on-year variations indicating relative dynamism in their approach to transport taxation. Countries such as Denmark, Greece, and Nauru exhibit declines in their tax revenue share, reflecting possible policy shifts or economic conditions impacting tax collection in these regions.
Future trends to watch for include:
- China's increasing dominance and potential further expansion in its revenue share influence due to its consistent growth.
- Potential for growth in emerging economies with significant increases, like Colombia, Ghana, and Panama, as they continue to adopt aggressive climate policies.
- A focus on policy adjustments in countries with declining shares may indicate a shift towards alternative strategies for climate finance.
Top countries in Climate Change-Related Transport Tax Revenue Share by Country (Million US Dollars PPP = 2010)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 52.75 | 2023 | +3.35% | +2.59% | View data |
| 2 | 2 Japan | 11.15 | 2023 | -0.66% | -1.15% | View data |
| 3 | 3 Brazil | 8.59 | 2023 | +2.47% | -0.22% | View data |
| 4 | 4 Germany | 5.65 | 2023 | +0.24% | -0.4% | View data |
| 5 | 5 South Korea | 4.61 | 2023 | -0.47% | -0.63% | View data |
| 6 | 6 Austria | 1.92 | 2023 | +0.27% | -0.76% | View data |
| 7 | 7 France | 1.69 | 2023 | +1.58% | -0.3% | View data |
| 8 | 8 Mexico | 1.25 | 2023 | +0.92% | -1.13% | View data |
| 9 | 9 Israel | 1.2 | 2023 | +1.2% | +0.66% | View data |
| 10 | 10 Portugal | 1.14 | 2023 | +8.05% | +1.32% | View data |
