The European Environmentally Related Tax Revenue from pollution taxes in the travel and tourism sector varies significantly by country. In 2023, France led with $4.18 million USD PPP, showcasing a significant 34.6% growth. The UK saw a slight decline of 2.08% while Poland showed a modest increase of 0.21%. Serbia experienced a notable rise with a 28.4% increase. Italy and Austria observed declines of 5.61% and 6.8%, respectively. Denmark and Romania posted growths of 8.19% and 2.8%. In contrast, Iceland and Latvia faced minor reductions. These variations offer a mixed view with both advancements and setbacks observed across the region.
Future trends to watch in the European environmentally related tax revenue include:
- An increasing emphasis on sustainability could drive further enhancements in tax revenues.
- Government policies aimed at pollution reduction will likely impact these revenues positively or negatively depending on their nature.
- Countries currently showing declining revenues may implement new strategies to bolster growth.
- Technological advancements and the adoption of greener practices in the travel industry may influence future tax revenue trends.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Travel Agency, Tour Operator Reservation Service and Related Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4.18 | 2023 | +27.6% | +34.6% | View data |
| 2 | 2 United Kingdom | 0.68 | 2023 | -0.77% | -2.08% | View data |
| 3 | 3 Poland | 0.53 | 2023 | -0.79% | +0.21% | View data |
| 4 | 4 Serbia | 0.14 | 2023 | +5.89% | +28.4% | View data |
| 5 | 5 Italy | 0.11 | 2023 | -1.4% | -5.61% | View data |
| 6 | 6 Denmark | 0.03 | 2023 | -1.8% | +8.19% | View data |
| 7 | 7 Iceland | 0.022 | 2023 | +4.17% | -2.08% | View data |
| 8 | 8 Austria | 0.017 | 2023 | +2.97% | -6.8% | View data |
| 9 | 9 Romania | 0.006 | 2023 | +3.67% | +2.8% | View data |
| 10 | 10 Latvia | 0.002 | 2023 | +33.45% | -0.24% | View data |
