The European environmentally related tax revenue from transport in the motor vehicles manufacturing sector presents notable country-specific trends. France leads with the highest revenue, although recent data shows a slight decrease. In contrast, Germany and the United Kingdom show positive year-on-year growth. Countries like Italy and Romania face significant declines, while Poland displays robust growth. Other smaller economies like Ireland and Bulgaria are experiencing drops, whereas Sweden and Iceland depict moderate increases. The Compound Annual Growth Rate (CAGR) indicates overall moderate increases over the past five years, albeit with considerable annual fluctuations among countries.
Future trends to watch include potential shifts due to evolving environmental regulations and technological advancements. Increased emphasis on electric vehicles and carbon reduction policies might influence tax structures, potentially impacting countries differently based on their industrial composition and environmental strategies. Monitoring these regulatory changes will be crucial to understanding shifts in tax revenue patterns across Europe.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Motor Vehicles, Trailers and Semi-Trailers by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 597.68 | 2023 | +1.86% | -0.36% | View data |
| 2 | 2 United Kingdom | 240.62 | 2023 | -0.35% | +0.012% | View data |
| 3 | 3 Germany | 76.41 | 2023 | +0.55% | +1.32% | View data |
| 4 | 4 Italy | 49.12 | 2023 | -0.14% | -6.53% | View data |
| 5 | 5 Poland | 12.74 | 2023 | +2.67% | +13.03% | View data |
| 6 | 6 Ireland | 9.57 | 2023 | -6.82% | -8.76% | View data |
| 7 | 7 Sweden | 5.65 | 2023 | +2.72% | +6.21% | View data |
| 8 | 8 Belgium | 5.3 | 2023 | +0.98% | +0.24% | View data |
| 9 | 9 Hungary | 4.7 | 2023 | +1.62% | +0.77% | View data |
| 10 | 10 Portugal | 2.92 | 2023 | -3.9% | -3.44% | View data |