The European environmentally related tax revenue from energy taxes in the travel and reservation sector demonstrated significant disparities among countries in 2023. The United Kingdom led with a substantial figure of $66.78 million, contrasting sharply with Malta's mere $0.0039 million. Year-on-year growth varied, with Iceland showing the highest increase at 6.88%, while Latvia experienced a decline of 24.76%. Italy also faced a considerable decrease of 18.49%.
Looking ahead, emerging trends indicate potential increases in countries like Slovenia, where growth exceeded 22%, suggesting a shifting focus towards sustainable practices. Continued volatility should be expected as policies and energy prices fluctuate across Europe, influencing tax revenues in the sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Travel Agency, Tour Operator Reservation Service and Related Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 66.78 | 2023 | +1.47% | +0.96% | View data |
| 2 | 2 Greece | 9.08 | 2023 | +3.13% | +2.32% | View data |
| 3 | 3 Czech Republic | 5.17 | 2023 | +2.34% | +2.47% | View data |
| 4 | 4 Italy | 4.9 | 2023 | -9.86% | -18.49% | View data |
| 5 | 5 Spain | 4.31 | 2023 | +11.15% | -1.11% | View data |
| 6 | 6 Switzerland | 3.01 | 2023 | +3.9% | +2.84% | View data |
| 7 | 7 Poland | 2.54 | 2023 | +2.03% | +0.93% | View data |
| 8 | 8 Netherlands | 1.47 | 2023 | +19.24% | +4.35% | View data |
| 9 | 9 Iceland | 0.77 | 2023 | +4.91% | +6.88% | View data |
| 10 | 10 Denmark | 0.38 | 2023 | +1.07% | -8.04% | View data |
