The United Kingdom leads Europe in environmentally related tax revenue within the wholesale and retail trade and repair of motor vehicles and motorcycles sector, with $709.92 million. Italy follows with $526.72 million. Notably, Switzerland exhibited a significant positive year-on-year variation of 12.42%, while Bulgaria experienced a decrease of 11.93% in 2023. Over the last two years, smaller markets like Malta saw an increase in tax revenue, whereas countries such as Norway, Romania, Bulgaria, and Slovakia experienced notable declines.
Looking forward, trends to monitor include potential policy changes in environmental taxation across Europe, the impact of the green transition on tax revenues, and economic factors influencing the automotive sector. Emerging fiscal policies and the continued push towards green technology adoption may reshape the revenue landscape in the coming years.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 709.92 | 2023 | -0.36% | -0.78% | View data |
| 2 | 2 Italy | 526.72 | 2023 | +1.55% | +0.92% | View data |
| 3 | 3 France | 426.57 | 2023 | +0.9% | -1.38% | View data |
| 4 | 4 Netherlands | 312.36 | 2023 | +4.18% | +1.75% | View data |
| 5 | 5 Norway | 303.13 | 2023 | -4.46% | -5.34% | View data |
| 6 | 6 Germany | 263.92 | 2023 | -0.59% | -1.05% | View data |
| 7 | 7 Spain | 241.24 | 2023 | -0.036% | -2.38% | View data |
| 8 | 8 Sweden | 238.12 | 2023 | -0.93% | -0.41% | View data |
| 9 | 9 Switzerland | 175.86 | 2023 | +4.77% | +12.42% | View data |
| 10 | 10 Denmark | 142.92 | 2023 | +0.97% | -1.84% | View data |
