The forecast for 2024 shows a diverse landscape for environmentally related tax revenue from transport across European countries in financial and insurance activities. Denmark leads with the highest revenue, followed by Norway and the United Kingdom. The data highlights varying year-on-year changes from 2023, with notable increases for Ireland and moderate growth in Italy, France, the UK, and the Netherlands. In contrast, countries like Greece, Cyprus, Hungary, and Belgium show significant declines, indicating regional disparities in tax revenue performance.
Future trends to watch include:
- Potential policy shifts impacting tax revenue structures as countries endeavor to meet climate goals.- The influence of electric vehicle adoption and its effect on traditional transport tax revenues.- Economic impacts of regional conflicts and global market fluctuations on tax collection efficiency.- Cross-country collaborations to harmonize environmental tax policies within the EU.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Financial and Insurance Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 33.45 | 2023 | +3.07% | -0.073% | View data |
| 2 | 2 Norway | 23.13 | 2023 | -1.57% | -3.58% | View data |
| 3 | 3 United Kingdom | 17.39 | 2023 | +0.68% | +0.82% | View data |
| 4 | 4 France | 10.79 | 2023 | +5.51% | +0.89% | View data |
| 5 | 5 Ireland | 3.73 | 2023 | +10.5% | +17.88% | View data |
| 6 | 6 Italy | 3.7 | 2023 | +1.85% | +2.51% | View data |
| 7 | 7 Poland | 1.73 | 2023 | +0.91% | -1.92% | View data |
| 8 | 8 Netherlands | 1.41 | 2023 | +8.39% | +1.37% | View data |
| 9 | 9 Belgium | 1.26 | 2023 | -5.17% | -5.7% | View data |
| 10 | 10 Austria | 1.05 | 2023 | +3.61% | +2.89% | View data |
