The analysis of European environmentally related tax revenue from taxes on energy in the manufacturing sector of motor vehicles, trailers, and semi-trailers reveals that Germany leads with a significant amount of $668.93 million USD in 2023. Italy, France, and Spain follow but lag considerably behind Germany. Year-on-year variations depict Germany and Spain experiencing some declines, while the UK and Slovenia show growth. Notably, Bulgaria saw a substantial decrease of 44.79%. The Compound Annual Growth Rate (CAGR) over the last five years suggests a moderate decline for several countries, though a few like Ireland and Slovenia maintain upward trends.
Looking forward, several trends could impact future revenues. The emphasis on green technologies and legislations to reduce emissions might alter the tax landscape significantly. Countries with increasing investments in electric vehicle production could see shifts in their tax revenue frameworks. Additionally, economic changes and energy resource management post-pandemic may influence energy tax structures across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Motor Vehicles, Trailers and Semi-Trailers by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 668.93 | 2023 | -1.96% | -2.26% | View data |
| 2 | 2 Italy | 235.83 | 2023 | +0.8% | -1.71% | View data |
| 3 | 3 France | 201.01 | 2023 | +2.49% | -0.57% | View data |
| 4 | 4 Spain | 99.81 | 2023 | +1.15% | -2.25% | View data |
| 5 | 5 Czech Republic | 95.11 | 2023 | +0.77% | -0.18% | View data |
| 6 | 6 United Kingdom | 88.26 | 2023 | +2.34% | +2.43% | View data |
| 7 | 7 Slovenia | 64.08 | 2023 | +6.01% | +2.52% | View data |
| 8 | 8 Netherlands | 26.95 | 2023 | +11.16% | +1.67% | View data |
| 9 | 9 Belgium | 24.9 | 2023 | +2.32% | +1.49% | View data |
| 10 | 10 Poland | 23.67 | 2023 | -1.37% | -6.96% | View data |