In 2023, Ireland stood out with significantly higher environmentally related tax revenue from transport taxes in the manufacturing of electrical equipment compared to other European countries, at 44.58 million USD. Poland showed a strong growth with a 7.89% increase, whereas most of the other countries experienced declines. Notably, Greece and Iceland faced substantial decreases of 15.33% and 19.83%, respectively. Over the past five years, these revenues have been volatile, with countries like Ireland and Poland showing potential for continued growth.
Future trends to watch include:
- An overall increase in environmentally linked taxes as countries push for greener transport solutions.
- Potential shifts in tax policy influenced by EU-wide environmental goals, affecting manufacturing sectors.
- Possible innovations in electrical equipment manufacturing could lead to changes in tax bases and structures.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Electrical Equipment by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 44.58 | 2023 | +6.36% | +1.72% | View data |
| 2 | 2 Poland | 1.68 | 2023 | +1.3% | +7.89% | View data |
| 3 | 3 Spain | 1.67 | 2023 | +3.64% | +0.19% | View data |
| 4 | 4 Denmark | 1.32 | 2023 | +0.66% | -1.25% | View data |
| 5 | 5 Netherlands | 1.28 | 2023 | +20.17% | -11.51% | View data |
| 6 | 6 Belgium | 1.26 | 2023 | -4.56% | -4.98% | View data |
| 7 | 7 Finland | 1.1 | 2023 | +0.57% | -1.22% | View data |
| 8 | 8 Czech Republic | 0.97 | 2023 | -6.95% | -10.67% | View data |
| 9 | 9 Sweden | 0.9 | 2023 | +1.89% | +3.25% | View data |
| 10 | 10 Croatia | 0.57 | 2023 | -0.95% | -1.2% | View data |
