In 2023, the United Kingdom led European countries in environmentally related tax revenue from air transport, at $3.56 billion, while Cyprus reported the least at just $0.00014 billion. There were notable year-on-year variations: the UK's revenue decreased by 0.8%, while Hungary witnessed a significant increase of 17.44%. Other significant increases included Sweden at 17.63% and Romania at 9.99%. France and Greece saw reductions of 0.72% and 0.54%, respectively. Over a five-year period, average annual variations exhibited slower changes, reflecting a more stable trend in environmental tax revenue.
Future trends to watch include the potential increase in environmentally related taxes as EU regulations become stricter, aiming for greener air transport solutions. Countries with higher initial values may experience more gradual changes, while less-established markets, such as those in Eastern Europe, might see more dynamic shifts influenced by both policy changes and market adoption of sustainable practices.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Air Transport by Country
# | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 3,560 | 2023 | -0.053% | -0.8% | View data |
2 | 2 France | 261.6 | 2023 | +5.33% | -0.72% | View data |
3 | 3 Germany | 228.61 | 2023 | +4.46% | +5.95% | View data |
4 | 4 Austria | 146.2 | 2023 | +5.15% | +4.27% | View data |
5 | 5 Greece | 97.47 | 2023 | +1.08% | -0.54% | View data |
6 | 6 Czech Republic | 86.38 | 2023 | -1.88% | -3.38% | View data |
7 | 7 Finland | 80.88 | 2023 | +2.65% | +5.53% | View data |
8 | 8 Poland | 78.45 | 2023 | +1.93% | +0.97% | View data |
9 | 9 Norway | 67.09 | 2023 | +1.7% | -0.12% | View data |
10 | 10 Romania | 46.31 | 2023 | +4% | +9.99% | View data |