In Europe, Germany leads in environmentally related tax revenue from transport in scientific research and development with $8.53 million, showing a strong 4.08% growth in 2023. The Netherlands and Italy follow, with contrasting trends of a 1.02% decline and a 2.3% rise respectively. Notably, Sweden and Slovakia experienced remarkable increases, with Sweden at 10.55% and Slovakia at 17.88%. In contrast, Belgium and Romania saw declines, with Belgium decreasing by 5.31% and Romania by a significant 11.37%. Over the last five years, the region showcases diverse growth trajectories, reflecting varying national priorities and investments in sustainable transport.
Future trends to watch include the potential for increased tax revenue as countries strengthen environmental policies. Continued emphasis on sustainable transportation innovation and emissions reduction could drive further tax adjustments. Moreover, economic conditions such as inflation and technological advancements in transport could also influence revenue changes. Countries like Germany and Sweden may set a precedent for using tax policy to accelerate environmentally friendly transport initiatives.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Scientific Research and Development by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8.53 | 2023 | +3.72% | +4.08% | View data |
| 2 | 2 Netherlands | 3.38 | 2023 | +6.81% | -1.02% | View data |
| 3 | 3 Italy | 2.53 | 2023 | +0.093% | +2.3% | View data |
| 4 | 4 Switzerland | 2.03 | 2023 | +0.85% | +0.31% | View data |
| 5 | 5 Sweden | 1.26 | 2023 | +4.78% | +10.55% | View data |
| 6 | 6 Norway | 0.89 | 2023 | +1.75% | +3.77% | View data |
| 7 | 7 Serbia | 0.86 | 2023 | +0.23% | +2.29% | View data |
| 8 | 8 Belgium | 0.79 | 2023 | -3.87% | -5.31% | View data |
| 9 | 9 Slovakia | 0.7 | 2023 | +5.85% | +17.88% | View data |
| 10 | 10 Denmark | 0.69 | 2023 | +0.63% | -0.46% | View data |
