The European Environmentally Related Tax Revenue from taxes on pollution in the manufacturing of motor vehicles displays significant variation across countries. France leads with the highest tax revenue, while countries like Slovenia and Latvia show minimal contributions. Notably, the Netherlands and the Czech Republic are experiencing high year-on-year growth rates at 7.47% and 9.27%, respectively, indicating a substantial increase in tax collection. Conversely, countries such as Italy, Serbia, and Bulgaria have seen decreases, reflecting varying national policies and economic activities in the automotive sector.
Future trends to watch include an increased emphasis on environmental policies which could lead to higher tax rates or new regulations in this sector. Many countries may implement stricter measures to incentivize cleaner manufacturing practices, affecting revenue. This could potentially increase the financial burden on manufacturers in countries currently lagging in adhering to environmental standards, thereby affecting the overall regional revenue landscape.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Manufacturing of Motor Vehicles, Trailers and Semi-Trailers Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 31.85 | 2023 | +4.42% | +5.79% | View data |
| 2 | 2 Hungary | 23.33 | 2023 | +1.14% | +0.98% | View data |
| 3 | 3 Netherlands | 12.48 | 2023 | +2.4% | +7.47% | View data |
| 4 | 4 Spain | 12.23 | 2023 | +10.89% | +3.68% | View data |
| 5 | 5 Italy | 10.7 | 2023 | -0.41% | -2.08% | View data |
| 6 | 6 Czech Republic | 5.14 | 2023 | +4.26% | +9.27% | View data |
| 7 | 7 Serbia | 2.52 | 2023 | +0.13% | -2.7% | View data |
| 8 | 8 Denmark | 1.13 | 2023 | +0.1% | -6.46% | View data |
| 9 | 9 Switzerland | 0.22 | 2023 | -1.41% | -1.24% | View data |
| 10 | 10 Lithuania | 0.16 | 2023 | +2.66% | +1.18% | View data |
