In 2023, the environmentally related tax revenue from transport in employment activities varied significantly across European countries. The United Kingdom led with $67.46 million, indicating strong revenue generation in this environmental taxation segment, followed by the Netherlands at $17.71 million. Switzerland and Sweden showed moderate figures of $7.2 million and $2.6 million, respectively. In contrast, countries like Greece, Iceland, and Cyprus recorded much lower revenues, signaling different levels of focus or capacity in leveraging transport taxes for environmental considerations.
Year-on-year trends for 2023 reveal significant variations: Slovakia experienced the highest increase at 10.71%, while Greece noted a alarming decrease of 30.56%. The United Kingdom and Sweden displayed positive growth, whereas countries like Belgium and Finland saw notable declines. Over a five-year period, the cumulative average growth rates indicate relatively stable trends, with some fluctuations reflecting policy changes or economic influences.
Looking forward, key trends include potential shifts in European environmental policies, technological advancements in transport, and evolving economic conditions which may impact these tax revenues. Countries may seek to align taxation strategies with sustainability goals, potentially driving both policy innovation and new revenue opportunities.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Employment Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 67.46 | 2023 | +5.33% | +4.05% | View data |
| 2 | 2 Netherlands | 17.71 | 2023 | +0.7% | -0.67% | View data |
| 3 | 3 Switzerland | 7.2 | 2023 | -0.22% | -2.32% | View data |
| 4 | 4 Sweden | 2.6 | 2023 | +3.36% | +3.04% | View data |
| 5 | 5 Belgium | 1.82 | 2023 | -2.06% | -3.16% | View data |
| 6 | 6 Denmark | 1.19 | 2023 | +0.98% | +1.47% | View data |
| 7 | 7 Finland | 0.72 | 2023 | -2.59% | -3.32% | View data |
| 8 | 8 Slovakia | 0.57 | 2023 | +4.27% | +10.71% | View data |
| 9 | 9 Portugal | 0.43 | 2023 | -0.23% | -1.26% | View data |
| 10 | 10 Romania | 0.096 | 2023 | -0.73% | -0.66% | View data |
