The environmentally related tax revenue from all environmental taxes in travel agencies and related activities across Europe in 2024 reveals Sweden leading with $35.57 million (PPP 2015), followed by Norway and Portugal. Notable trends include a 9.45% year-on-year increase in Sweden and a 6.7% rise in Ireland, while Cyprus experienced a significant decline of 12.7%. Other countries such as Denmark and Latvia also showed reductions, indicating potential challenges in environmental tax policy implementations or market dynamics.
Looking ahead, key trends to monitor include the impact of increased eco-tourism demand and stringent EU environmental policies which may drive higher tax revenues. Additionally, shifts in international tourism patterns could influence these revenues, particularly in countries showing growth momentum like Sweden and Ireland.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Travel Agency, Tour Operator Reservation Service and Related Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 35.57 | 2023 | +6.29% | +9.45% | View data |
| 2 | 2 Norway | 30.56 | 2023 | +5.8% | +4.37% | View data |
| 3 | 3 Portugal | 11.02 | 2023 | +5.51% | +1.99% | View data |
| 4 | 4 Netherlands | 5.85 | 2023 | +15.1% | +6.03% | View data |
| 5 | 5 Switzerland | 5.08 | 2023 | +3.21% | +2.32% | View data |
| 6 | 6 Ireland | 3.69 | 2023 | -0.022% | +6.7% | View data |
| 7 | 7 Belgium | 3.24 | 2023 | +2.82% | +2.02% | View data |
| 8 | 8 Iceland | 1.62 | 2023 | +4.29% | +4.87% | View data |
| 9 | 9 Romania | 1.24 | 2023 | -0.6% | +1.97% | View data |
| 10 | 10 Denmark | 1.06 | 2023 | +4.43% | -3.3% | View data |
