In 2023, the United Kingdom led European countries with an environmentally related tax revenue of 43.68 million USD PPP, reflecting a 3.13% increase. France and Sweden followed, with respective upticks of 0.77% and 1.59%. A notable decline was observed in the Netherlands, with a -9.24% change. Portugal registered the highest positive change at 4.14%. Conversely, Greece and Iceland faced significant decreases at -7.84% and -10.51%, respectively. The compound annual growth rate (CAGR) over five years shows moderate growth, with varying country-specific performances.
Future trends to watch include:
- The impact of increasing environmental regulations on tax revenues.
- Technological advancements in eco-friendly transport affecting revenue generation.
- Differential growth in emerging vs. developed markets within Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Professional, Scientific and Technical Activities Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 43.68 | 2023 | +3.8% | +3.13% | View data |
| 2 | 2 France | 14.76 | 2023 | +8.51% | +0.77% | View data |
| 3 | 3 Netherlands | 8.33 | 2023 | +5.31% | -9.24% | View data |
| 4 | 4 Italy | 6.44 | 2023 | +0.75% | +0.2% | View data |
| 5 | 5 Sweden | 4.46 | 2023 | +2.28% | +1.59% | View data |
| 6 | 6 Austria | 4.39 | 2023 | +3.63% | +3.85% | View data |
| 7 | 7 Greece | 3.96 | 2023 | -9.91% | -7.84% | View data |
| 8 | 8 Portugal | 3.47 | 2023 | +6.14% | +4.14% | View data |
| 9 | 9 Switzerland | 3.25 | 2023 | +1.07% | +0.25% | View data |
| 10 | 10 Norway | 1.42 | 2023 | +1.9% | +2.46% | View data |
