Between 2013 and 2023, Argentina's road transport-related tax revenue showed overall growth, though with fluctuations. In 2023, the value stood at 16.21 Units of Environmental Tax Revenue, reflecting a modest year-on-year increase of 0.93%. Over the last five years, the Compound Annual Growth Rate (CAGR) was 1.36%, indicating a steady rise but at a decelerating pace. From 2024 onwards, data show a continuous but slowing growth forecast, with a forecasted annual CAGR of 0.35% over the next five years, and a total growth rate of 1.77% by 2028.
Future trends to watch for:
- Potential policy changes in environmental taxation, which may impact revenue.
- Technological advancements in transport affecting tax structures.
- Economic factors that could influence vehicle usage and related tax revenue.