In 2023, France led the European countries in environmentally related tax revenue from transport at $4.06 billion USD PPP, with Italy and the Netherlands following. Notable year-on-year increases occurred in Sweden and Portugal, at 3.13% and 2.51%, respectively, signaling a growing focus on environmental taxation. In contrast, Greece and Iceland experienced significant declines of 4.44% and 8.14% each, reflecting policy changes or economic conditions. The five-year CAGR highlights Sweden and Austria's strong upward trends, while Romania and Finland faced downturns.
Future trends to watch in European environmental tax revenues include:
- Increased adoption of electric vehicles, potentially reducing tax revenues from fuel-dependent transport.
- Evolving EU policies focused on green energy and reducing carbon emissions, which may influence tax structures.
- Economic recovery post-COVID-19 affecting transport sector revenues.
- Technological advancements such as autonomous vehicles could alter transportation patterns and taxation.
- Continued investments in sustainable transport infrastructure shaping long-term tax policies.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in All Industries by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,060 | 2023 | +4.71% | +0.24% | View data |
| 2 | 2 Italy | 3,540 | 2023 | +0.93% | +0.43% | View data |
| 3 | 3 Netherlands | 3,320 | 2023 | +6.21% | +1.17% | View data |
| 4 | 4 Denmark | 1,990 | 2023 | +2.46% | +0.27% | View data |
| 5 | 5 Norway | 1,170 | 2023 | +0.12% | -0.25% | View data |
| 6 | 6 Belgium | 1,120 | 2023 | -0.85% | -1.08% | View data |
| 7 | 7 Portugal | 1,120 | 2023 | +5.74% | +2.51% | View data |
| 8 | 8 Austria | 1,090 | 2023 | +1.51% | +1.73% | View data |
| 9 | 9 Sweden | 864.56 | 2023 | +1.82% | +3.13% | View data |
| 10 | 10 Switzerland | 859.93 | 2023 | +2.13% | +2.51% | View data |
