In 2023, the United Kingdom led environmentally related tax revenues from transport within the wholesale and retail trade and repair of motor vehicles and motorcycles sector in Europe, with a nominal increase of 0.086%. Notably, Switzerland experienced significant growth at 18.96%, while many other countries, including Norway, witnessed declines in their revenues. The revenue trends show positive changes for Italy and Portugal, highlighting their growth of 3.54% and 3.98%, respectively. Negative trends were evident in countries like Greece and Romania, which saw reductions of 5.78% and 16.81%.
Future trends to observe include the potential for continued expansion in countries with recent growth, such as Switzerland and Slovenia, versus stable or declining economies. Regulatory changes and environmental policies will likely impact revenue patterns, especially in countries striving to enhance their sustainability efforts. Monitoring shifts in car ownership and advancements in green technology adoption will be crucial to forecasting future tax revenues in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 22.86 | 2023 | +0.76% | +0.086% | View data |
| 2 | 2 Norway | 12.36 | 2023 | -4.98% | -5.79% | View data |
| 3 | 3 France | 11.63 | 2023 | +2.48% | +0.44% | View data |
| 4 | 4 Italy | 10.67 | 2023 | +3.42% | +3.54% | View data |
| 5 | 5 Netherlands | 7.31 | 2023 | +5.21% | +1.59% | View data |
| 6 | 6 Switzerland | 5.88 | 2023 | +6.11% | +18.96% | View data |
| 7 | 7 Belgium | 5.06 | 2023 | +1.34% | +0.76% | View data |
| 8 | 8 Portugal | 4.5 | 2023 | +5.38% | +3.98% | View data |
| 9 | 9 Denmark | 3.56 | 2023 | +1.42% | -0.8% | View data |
| 10 | 10 Austria | 3.5 | 2023 | +3.51% | +3.04% | View data |
