In 2023, Poland led European countries in environmentally related tax revenue from energy taxes in land transport and transport via pipelines, with observable growth noted at 1.25%. Contrarily, major economies such as France and the United Kingdom faced declines of 2.74% and 3.18%, respectively. Dynamic growth was evident in Lithuania and Latvia, exhibiting impressive increases of 4.68% and 8.53%, whereas countries like Sweden experienced significant declines, each marked by a 7.47% decrease.
Future trends to watch include potential shifts in tax policy towards more sustainable transportation methods, possibly driven by increasing EU environmental mandates fostering investment in greener technologies. Keep an eye on emerging markets like Lithuania and Latvia for potentially impactful policy-driven growth, and monitoring traditional economies for stabilization strategies amid revenue declines.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Land Transport and Transport Via Pipelines Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 16.36 | 2023 | +2.17% | +1.25% | View data |
| 2 | 2 France | 12.97 | 2023 | +1.25% | -2.74% | View data |
| 3 | 3 Spain | 12.63 | 2023 | -0.45% | -1.32% | View data |
| 4 | 4 United Kingdom | 10.38 | 2023 | -3.33% | -3.18% | View data |
| 5 | 5 Netherlands | 4.66 | 2023 | +2.21% | -0.73% | View data |
| 6 | 6 Czech Republic | 4.13 | 2023 | +2.23% | +1.1% | View data |
| 7 | 7 Croatia | 3.88 | 2023 | +2.9% | +2.14% | View data |
| 8 | 8 Belgium | 3.33 | 2023 | -3.14% | -3.96% | View data |
| 9 | 9 Serbia | 3.08 | 2023 | +2.5% | +2.9% | View data |
| 10 | 10 Portugal | 2.93 | 2023 | -0.83% | -2.79% | View data |
