In 2023, the United Kingdom led European Energy Tax revenues in the travel sector at $198.82 million, showing a modest growth of 0.96% year-on-year. Greece, growing by 2.32% to $27.03 million, and the Czech Republic, increasing by 2.47% to $15.39 million, also stand out. Italy faced an 18.49% decline, while Iceland saw significant growth of 6.88%. Notable declines are seen in countries like Denmark (-8.04%) and Latvia (-24.76%), indicating varying national policy impacts on these taxes.
Future trends to watch include a continued push towards sustainable tourism, which may influence energy tax revenues. Moreover, national energy policies and economic recovery efforts post-pandemic will be significant determinants of tax revenue trajectories in each country.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Travel Agency, Tour Operator Reservation Service and Related Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 198.82 | 2023 | +1.47% | +0.96% | View data |
| 2 | 2 Greece | 27.03 | 2023 | +3.13% | +2.32% | View data |
| 3 | 3 Czech Republic | 15.39 | 2023 | +2.34% | +2.47% | View data |
| 4 | 4 Italy | 14.58 | 2023 | -9.86% | -18.49% | View data |
| 5 | 5 Spain | 12.84 | 2023 | +11.15% | -1.11% | View data |
| 6 | 6 Switzerland | 8.95 | 2023 | +3.9% | +2.84% | View data |
| 7 | 7 Poland | 7.57 | 2023 | +2.03% | +0.93% | View data |
| 8 | 8 Netherlands | 4.38 | 2023 | +19.24% | +4.35% | View data |
| 9 | 9 Iceland | 2.29 | 2023 | +4.91% | +6.88% | View data |
| 10 | 10 Denmark | 1.14 | 2023 | +1.07% | -8.04% | View data |
