The analysis of global climate change-related transport tax revenue by country in 2023 shows varying trends. China leads significantly with $71.67 billion, followed by Japan and the United Kingdom with $22.79 billion and $15.89 billion, respectively. Noteworthy is China's year-on-year increase of 2.32%, contrasted with Germany's slight decline of 0.32% and Japan's decline of 1.19%. Substantial growth was observed in Papua New Guinea at 10.28% and Saint Lucia at 9.72%. Conversely, Iceland experienced a notable decrease of 5.58%, and Chile saw a decline of 5.26%. Overall, mature economies show less volatility, whereas emerging markets display more dynamic changes.
Future trends to watch for in global climate change-related transport tax revenue include accelerated growth in emerging economies, driven by policies and green initiatives. Technological advancements and international agreements could further impact tax revenue distribution. Additionally, the expansion of electric vehicle adoption and stringent emissions regulations are likely to shift the revenue paradigm significantly.
Top countries in Climate Change-Related Transport Tax Revenue by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 71,670 | 2023 | +3.59% | +2.32% | View data |
| 2 | 2 Japan | 22,790 | 2023 | -1.38% | -1.19% | View data |
| 3 | 3 United Kingdom | 15,890 | 2023 | +8.2% | +0.96% | View data |
| 4 | 4 Germany | 11,970 | 2023 | +0.055% | -0.32% | View data |
| 5 | 5 India | 11,360 | 2023 | +2.79% | +3.02% | View data |
| 6 | 6 Brazil | 11,350 | 2023 | +1.69% | -1.81% | View data |
| 7 | 7 Austria | 4,420 | 2023 | +2% | +1.04% | View data |
| 8 | 8 Israel | 3,230 | 2023 | +2.86% | +2.94% | View data |
| 9 | 9 Australia | 2,370 | 2023 | +2.07% | +5.37% | View data |
| 10 | 10 Portugal | 1,740 | 2023 | +7.33% | +0.57% | View data |