The 2023 data indicates that the United Kingdom leads with the highest environmentally related tax revenue in transportation and storage, followed by Germany and Italy. Most countries experienced a decline in revenue compared to 2022, with notable drops in Finland, Belgium, and Sweden. However, Greece, Serbia, Romania, Lithuania, and Malta showed positive growth, with Iceland experiencing the highest increase of 6.14%.
Looking ahead, the focus will likely remain on enhancing environmental sustainability and tax structures, encouraging green transportation, and addressing the disparities among countries in tax revenue growth. Policymakers should concentrate on harmonizing efforts toward Europe’s environmental objectives.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Transportation and Storage Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 20.7 | 2023 | -0.86% | -1.31% | View data |
| 2 | 2 Germany | 11.88 | 2023 | -2.31% | -2.64% | View data |
| 3 | 3 Italy | 9.87 | 2023 | -1.54% | -2.7% | View data |
| 4 | 4 Poland | 9.68 | 2023 | +1.91% | +1.06% | View data |
| 5 | 5 Spain | 8.95 | 2023 | -0.76% | -1.58% | View data |
| 6 | 6 Greece | 4 | 2023 | +2.59% | +2.51% | View data |
| 7 | 7 Netherlands | 3.64 | 2023 | +2.07% | -0.66% | View data |
| 8 | 8 Czech Republic | 2.98 | 2023 | +1.23% | +0.19% | View data |
| 9 | 9 Belgium | 2.3 | 2023 | -4.13% | -4.55% | View data |
| 10 | 10 Croatia | 2.19 | 2023 | +2.56% | +1.82% | View data |