In 2023, the Netherlands led Europe's environmentally related tax revenue from taxes on resources within the wholesale and retail trade, and repair of motor vehicles and motorcycles sectors, with $1.39 million, marking a 3.35% increase. Croatia showed the most significant increase at 11.23%, reaching $0.59 million, suggesting growing environmental tax revenue efforts. Serbia and Cyprus also experienced notable growth, while Bulgaria faced a notable 21.92% decrease. Negative growth was observed in France and Belgium. Over the past five years, varied growth patterns reflect differences in policy emphasis among European nations.
Looking ahead, European countries are likely to enhance these tax revenues through stricter environmental regulations and initiatives promoting sustainable practices in vehicle trade and repair sectors. Monitoring shifts in individual country policies will be crucial to understanding future trends in this area.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles by Country
| # | 9 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1.39 | 2023 | +7.49% | +3.35% | View data |
| 2 | 2 France | 0.7 | 2023 | -0.32% | -3.12% | View data |
| 3 | 3 Croatia | 0.59 | 2023 | +3.73% | +11.23% | View data |
| 4 | 4 Serbia | 0.096 | 2023 | +3.89% | +5.2% | View data |
| 5 | 5 Cyprus | 0.056 | 2023 | +6.7% | +9.44% | View data |
| 6 | 6 Latvia | 0.041 | 2023 | +3.46% | +3.53% | View data |
| 7 | 7 Belgium | 0.031 | 2023 | +4.84% | -2.55% | View data |
| 8 | 8 Denmark | 0.017 | 2023 | +3.24% | +1.35% | View data |
| 9 | 9 Bulgaria | 0.002 | 2023 | +5.13% | -21.92% | View data |
