In 2023, Italy led European environmentally related tax revenues in the wholesale, retail, and repair of motor vehicles and motorcycles with $15.83 million PPP. France followed with $13.54 million, while Spain, Netherlands, and Germany rounded out the top five. Switzerland notably exhibited a significant YoY increase of 12.78%, highlighting its rapid growth, whereas Romania and Bulgaria experienced considerable declines of 6.72% and 13.68%, respectively, impacting their standings.
Future trends to watch:
- Look for ongoing shifts in Europe's taxation landscape as countries pursue aggressive carbon reduction targets.
- Watch Italy and France's continued dominance while observing how economic and policy changes in Eastern Europe might affect their environmental tax revenues.
- Developments in electric vehicle adoption and infrastructure, potentially redistributing tax revenue across nations.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15.83 | 2023 | +1.97% | +2.07% | View data |
| 2 | 2 France | 13.54 | 2023 | +5.98% | +2.42% | View data |
| 3 | 3 Spain | 8.85 | 2023 | +1.71% | +0.58% | View data |
| 4 | 4 Netherlands | 8.08 | 2023 | +4.43% | +1.91% | View data |
| 5 | 5 Germany | 7.34 | 2023 | -0.16% | -0.066% | View data |
| 6 | 6 Norway | 6.94 | 2023 | -1.79% | -1.88% | View data |
| 7 | 7 Sweden | 6.21 | 2023 | +0.35% | +1.61% | View data |
| 8 | 8 Poland | 5.63 | 2023 | -0.53% | -1.25% | View data |
| 9 | 9 Belgium | 5.63 | 2023 | +1.65% | +1.31% | View data |
| 10 | 10 Hungary | 4.47 | 2023 | +1.53% | +2.73% | View data |
