In 2023, Portugal led with the highest environmentally related tax revenue from transport in the accommodation and food service sector, amounting to 22.24 million USD PPP. Italy and the United Kingdom followed, showing stability with modest growth. Notably, countries like France and Greece demonstrated declines, highlighting the region's varying policy impacts. Rapid growth was observed in Slovakia and Lithuania, while significant drops occurred in Finland and Bulgaria. This diverse trend indicates economic and policy changes affecting tax revenues across Europe.
Future trends to consider include the impact of increasing sustainability policies and potential shifts in travel patterns due to environmental awareness. Countries focusing on green initiatives might see fluctuating tax revenues as they aim to balance environmental goals with economic growth. Additionally, variations in transportation technology and administrative structures across Europe will likely influence tax revenue in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Accommodation and Food Service Activities Share by Country (Million US Dollars PPP = 2015)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Portugal | 22.24 | 2023 | +5.09% | +3.33% | View data |
2 | 2 Italy | 18.43 | 2023 | +1.09% | +0.51% | View data |
3 | 3 United Kingdom | 15.85 | 2023 | +2.36% | +2.58% | View data |
4 | 4 France | 8.69 | 2023 | +8.67% | -0.36% | View data |
5 | 5 Greece | 7.32 | 2023 | -6.52% | -5.11% | View data |
6 | 6 Belgium | 5.04 | 2023 | +0.67% | +0.039% | View data |
7 | 7 Netherlands | 4.9 | 2023 | +7.43% | -1.5% | View data |
8 | 8 Switzerland | 3.24 | 2023 | -1.42% | -2.33% | View data |
9 | 9 Croatia | 2.31 | 2023 | -0.19% | +0.14% | View data |
10 | 10 Denmark | 2.01 | 2023 | +0.54% | +0.69% | View data |