The United Kingdom leads with $647.24 million in tax revenue, showing a 2.69% year-on-year increase as of 2023. Germany, despite a lower absolute value at $175.56 million, experienced a significant growth rate of 3.22%. Norway also saw notable growth at 4.47%. Conversely, France recorded a slight decline of 0.49%. Other countries like Portugal and Slovakia showed positive trends, experiencing upward movements of 4.05% and 2.99%, respectively. In contrast, Switzerland and Poland faced declines of 2.2% and 3.36%. The Compound Annual Growth Rate (CAGR) reflects these mixed outcomes in national performances over the last five years.
Future trends to watch in this sector of environmentally related tax revenue in Europe include an increased emphasis on sustainable practices and regulations aimed at further reducing emissions from transport-related activities. Countries may implement new policies or adjust existing taxes to align with environmental goals, potentially leading to altered revenue landscapes. Emerging technology and travel patterns will likely continue to shape the evolution and impact on this revenue stream across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport 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 United Kingdom | 647.24 | 2023 | +2.09% | +2.69% | View data |
| 2 | 2 Germany | 175.56 | 2023 | +4.22% | +3.22% | View data |
| 3 | 3 Norway | 48.98 | 2023 | +5.87% | +4.47% | View data |
| 4 | 4 France | 15.83 | 2023 | +9.45% | -0.49% | View data |
| 5 | 5 Portugal | 3.89 | 2023 | +9.31% | +4.05% | View data |
| 6 | 6 Croatia | 2.61 | 2023 | -0.18% | +0.14% | View data |
| 7 | 7 Switzerland | 1.07 | 2023 | -1.34% | -2.2% | View data |
| 8 | 8 Slovakia | 0.98 | 2023 | +5.17% | +2.99% | View data |
| 9 | 9 Iceland | 0.9 | 2023 | +3.74% | +0.5% | View data |
| 10 | 10 Poland | 0.54 | 2023 | -4.51% | -3.36% | View data |