In 2023, Kenya led the Global Transport Environmental Tax figures, sustaining an upward trend with a 1.32% increase, followed by Colombia's notable growth at 6.02%. On the contrary, countries like Mexico, Iceland, and Ireland experienced significant declines by 14.72%, 9.15%, and 4.14%, respectively. The diverse variations denote both progressive implementations and reductions in transport environmental strategies globally, where European countries like Germany and France saw moderate declines.
Looking forward, a focus may be on emerging markets increasing environmental tax measures, alongside traditional leaders tailoring their policies. Monitoring policy shifts due to sustainability goals and economic challenges is crucial for understanding future tax landscapes globally.
Top countries in Transport Environmental Tax by Country
| # | 10 Countries | Percent of Taxation | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kenya | 8.57 | 2023 | +1.77% | +1.32% | View data |
| 2 | 2 India | 5.45 | 2023 | -0.59% | -0.55% | View data |
| 3 | 3 Costa Rica | 3.5 | 2023 | +0.92% | +0.86% | View data |
| 4 | 4 Ireland | 2.14 | 2023 | -2.53% | -4.14% | View data |
| 5 | 5 Croatia | 1.81 | 2023 | -2.16% | -2.85% | View data |
| 6 | 6 Guatemala | 1.62 | 2023 | -0.088% | -0.36% | View data |
| 7 | 7 Iceland | 1.2 | 2023 | -8.03% | -9.15% | View data |
| 8 | 8 Italy | 1.17 | 2023 | -3.18% | -4.41% | View data |
| 9 | 9 Ecuador | 1.12 | 2023 | -2.7% | -3.4% | View data |
| 10 | 10 Colombia | 1.04 | 2023 | +3.33% | +6.02% | View data |