In 2023, Ireland led European countries in environmentally related tax revenue from transport in the information and communication sector, showing a significant increase of 14.93% year-on-year. France and the UK saw declines, with France dropping by 2.51% and the UK by 3.59%. Germany experienced a modest rise of 1.19%, while Italy decreased by 2%. Smaller economies like Slovenia and Estonia saw increases of 2.3% and 2.01% respectively. Other countries like Belgium and Norway had slight positive growth, while Greece showed a notable decrease of 16.92% in tax revenues.
Future trends to watch include the potential for increased tax revenues driven by evolving European regulations focused on green transitions in transportation. This may lead countries investing in information and communication technologies to adjust their tax structures accordingly. Keeping an eye on policy changes, especially in major economies, will be essential.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Information and Communication Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 33.5 | 2023 | +13.38% | +14.93% | View data |
| 2 | 2 France | 17.25 | 2023 | +2.98% | -2.51% | View data |
| 3 | 3 Germany | 9.54 | 2023 | +1.83% | +1.19% | View data |
| 4 | 4 United Kingdom | 7.76 | 2023 | -4.07% | -3.59% | View data |
| 5 | 5 Belgium | 5.68 | 2023 | +0.6% | +1.67% | View data |
| 6 | 6 Italy | 5.31 | 2023 | -0.69% | -2% | View data |
| 7 | 7 Netherlands | 5.17 | 2023 | +6.07% | -4.41% | View data |
| 8 | 8 Austria | 2.84 | 2023 | +3.53% | +3.35% | View data |
| 9 | 9 Sweden | 2.48 | 2023 | +0.56% | -2.35% | View data |
| 10 | 10 Norway | 2.32 | 2023 | +0.45% | +0.2% | View data |