In 2023, Ireland exhibited the highest environmentally related tax revenue from transport in the manufacturing of electrical equipment, significantly surpassing other European countries. Poland demonstrated notable growth at 8.2% year-over-year, indicating a positive trend. Conversely, the Netherlands and Hungary experienced significant declines of 12.99% and 9.78%, respectively. The United Kingdom, Switzerland, and Belgium also faced notable decreases. Despite isolated growth in Poland, Norway, and Spain, most countries exhibited either minimal growth or declines.
Future trends to watch include potential policy changes in the EU that could impact environmentally related taxes, incentives for greener transportation within manufacturing, and technological advancements in electrical equipment production that could alter tax revenues. Increasing global focus on sustainability might drive regulatory measures that influence these trends significantly.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Electrical Equipment by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 44.25 | 2023 | +5.35% | +1.14% | View data |
| 2 | 2 Switzerland | 4.31 | 2023 | -0.6% | -1.4% | View data |
| 3 | 3 United Kingdom | 4.12 | 2023 | -4.56% | -2.67% | View data |
| 4 | 4 Poland | 3.38 | 2023 | +1.02% | +8.2% | View data |
| 5 | 5 Spain | 2.24 | 2023 | +5.71% | +1.84% | View data |
| 6 | 6 Czech Republic | 1.66 | 2023 | -5.78% | -9.37% | View data |
| 7 | 7 Belgium | 1.35 | 2023 | -3.78% | -3.75% | View data |
| 8 | 8 Netherlands | 1.18 | 2023 | +16.27% | -12.99% | View data |
| 9 | 9 Denmark | 1.12 | 2023 | +0.24% | -1.34% | View data |
| 10 | 10 Croatia | 1.06 | 2023 | -0.18% | +0.14% | View data |
