In 2023, Italy, France, Austria, and Denmark featured prominently in Europe's environmentally related tax revenue from taxes on transport in the retail trade sector, with Italy capturing the highest revenue. Variations over the past year indicate subtle fluctuations, with notable increases seen in Austria and the Netherlands, showing growth of 3.05% and 4.29%, respectively. Conversely, Greece experienced the most significant decrease with an 18.23% drop. Over a broader 5-year span, Finland, Hungary, and Iceland showed the steepest declines.
Looking ahead, the shift towards greener technologies and stricter environmental policies may significantly influence tax revenues across Europe. Countries enforcing more stringent regulations could see an initial rise in tax revenues. However, as electrification increases and reliance on traditional transport modes decreases, a potential decline in traditional tax revenue streams could be observed. Monitoring policy developments, technological advances, and consumer behavior will be essential to understanding the future landscape of environmentally related tax revenue in the sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Retail Trade (Except of Motor Vehicles and Motorcycles) by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 174.81 | 2023 | -0.37% | -1.47% | View data |
| 2 | 2 France | 126.46 | 2023 | +4.37% | -1.31% | View data |
| 3 | 3 Austria | 122.68 | 2023 | +3.52% | +3.05% | View data |
| 4 | 4 Denmark | 121.54 | 2023 | +2.5% | -0.92% | View data |
| 5 | 5 Germany | 121.01 | 2023 | -1.39% | -2.18% | View data |
| 6 | 6 United Kingdom | 101.83 | 2023 | +1.2% | -0.18% | View data |
| 7 | 7 Netherlands | 52.45 | 2023 | -0.045% | +4.29% | View data |
| 8 | 8 Portugal | 47.43 | 2023 | +3.62% | +2.03% | View data |
| 9 | 9 Norway | 20.36 | 2023 | -0.23% | -1.55% | View data |
| 10 | 10 Greece | 19.15 | 2023 | -25.78% | -18.23% | View data |
