The 2023 data on European environmentally related tax revenue from taxes on energy within the wholesale and retail trade and repair of motor vehicles and motorcycles showcases notable disparities among countries. Italy leads with $369.04 million USD PPP, witnessing a minor year-on-year increase of 0.62%. Germany and France follow, with Germany experiencing modest growth and France witnessing a slight decline. Sweden, the Czech Republic, Switzerland, Greece, and Serbia show positive variations, indicating effective tax strategies or industry growth, while countries like Ireland, Slovakia, Romania, Austria, Bulgaria, and Lithuania experience significant declines, suggesting possible economic pressures or policy shortcomings.
Future trends to monitor in this sector include increased emphasis on sustainable practices and environmental regulations which could influence tax structures. The transition towards electric vehicles and renewable energy sources may drive tax revenue shifts across countries. Additionally, economic recovery post-COVID-19 and geopolitical tensions will impact market dynamics and tax policy adaptations to sustain revenues in the evolving automotive and energy landscape.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 369.04 | 2023 | +0.88% | +0.62% | View data |
| 2 | 2 Germany | 235.56 | 2023 | +0.023% | +0.032% | View data |
| 3 | 3 France | 225.56 | 2023 | +3.73% | -0.48% | View data |
| 4 | 4 Sweden | 194.24 | 2023 | +0.75% | +1.52% | View data |
| 5 | 5 Poland | 171.83 | 2023 | -0.79% | -1.31% | View data |
| 6 | 6 Netherlands | 158.61 | 2023 | +3.94% | +1.71% | View data |
| 7 | 7 Belgium | 113.94 | 2023 | +1.7% | +1% | View data |
| 8 | 8 Denmark | 67.71 | 2023 | +2.39% | -0.48% | View data |
| 9 | 9 Czech Republic | 51.3 | 2023 | +2.35% | +2.29% | View data |
| 10 | 10 Norway | 49.84 | 2023 | -0.057% | -0.085% | View data |
