In 2023, Denmark led with the highest environmentally related tax revenue from transport in financial and insurance activities, followed by Norway and the UK. The United Kingdom experienced a year-on-year increase of 1.65%, while Denmark and Norway saw slight declines. France and Italy also showed growth, with significant increases noted in Ireland and Latvia. Conversely, countries like Greece, Iceland, and Cyprus faced sharp declines. This data reveals varied performance across European nations, with the compound annual growth rate (CAGR) reflecting five-year trends of stability for top countries, contrasting with mixed results in others.
Future trends to watch in Europe include:
- The impact of policy changes on transport-related tax revenue.
- Continued growth in nations with renewable energy incentives.
- Possible declines in countries facing economic challenges.
- Technological innovations reducing transport's environmental impact.
- Shifts in the financial and insurance sectors' roles in promoting sustainable transport.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Financial and Insurance Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 591.23 | 2023 | +2.58% | -0.43% | View data |
| 2 | 2 Norway | 432.18 | 2023 | +0.2% | -0.75% | View data |
| 3 | 3 United Kingdom | 399.63 | 2023 | +1.11% | +1.65% | View data |
| 4 | 4 France | 262.93 | 2023 | +7.55% | +2.84% | View data |
| 5 | 5 Italy | 93.86 | 2023 | +2.24% | +3.65% | View data |
| 6 | 6 Ireland | 82.13 | 2023 | +10.32% | +17.83% | View data |
| 7 | 7 Poland | 76.01 | 2023 | +0.94% | -1.38% | View data |
| 8 | 8 Serbia | 34.79 | 2023 | +1.17% | +1.07% | View data |
| 9 | 9 Netherlands | 29.97 | 2023 | +8.32% | +1.06% | View data |
| 10 | 10 Belgium | 29.27 | 2023 | -4.28% | -4.41% | View data |
