In 2023, environmentally related tax revenue in transport repair and installation across Europe showed Italy leading with a substantial share, followed by the United Kingdom and France. Year-on-year variations in tax revenue were largely positive, with significant growth observed in Portugal and Spain, contrasting with declines in Bulgaria and Latvia. Over the past five years, the compound annual growth rate signified steady growth, with variations evident in individual country performances.
Future trends to watch include the potential increase in green policies leading to higher revenues, technological advancements in transport affecting installation, and cross-country collaboration in environmental taxation strategies. Monitoring these could further optimize tax revenues in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Repair and Installation of Machinery and Equipment Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.48 | 2023 | +0.74% | +0.38% | View data |
| 2 | 2 United Kingdom | 27.31 | 2023 | +5.5% | +3.81% | View data |
| 3 | 3 France | 21.32 | 2023 | +5.74% | +2.12% | View data |
| 4 | 4 Germany | 5.21 | 2023 | -0.26% | +1.17% | View data |
| 5 | 5 Finland | 2.9 | 2023 | +3.1% | +3.67% | View data |
| 6 | 6 Switzerland | 2.39 | 2023 | +1.61% | +1.19% | View data |
| 7 | 7 Portugal | 2.12 | 2023 | +7.22% | +4.64% | View data |
| 8 | 8 Austria | 1.99 | 2023 | +3.37% | +3.71% | View data |
| 9 | 9 Norway | 1.65 | 2023 | +3.57% | +2.25% | View data |
| 10 | 10 Croatia | 1.35 | 2023 | -0.19% | +0.14% | View data |
