The Cook Islands, Fiji, and Saint Lucia emerge as leaders in climate-related transport tax revenue, exhibiting robust growth, especially Saint Lucia with a 5.84% increase year-on-year. Significant growth is also seen in Seychelles and El Salvador. However, countries like the Bahamas, Denmark, and Ireland struggle with notable declines. South Korea and Israel also see contractions, highlighting regional vulnerabilities. Despite these trends, countries like Colombia and Paraguay reveal positive momentum, hinting at emerging market shifts.
Future trends to watch include increased policy convergence toward sustainable transport in emerging markets. Watch for intensified pressure in low-growth regions to evolve taxation and emission reduction strategies amid global climate agreements.
Top countries in Climate Change-Related Transport Tax Revenue by Country
| # | 10 Countries | Percent of Tax Revenue | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cook Islands | 7.24 | 2023 | +26.8% | +0.17% | View data |
| 2 | 2 Fiji | 6.43 | 2023 | +17.12% | +3.4% | View data |
| 3 | 3 India | 4.98 | 2023 | -0.37% | -0.38% | View data |
| 4 | 4 Saint Lucia | 4.17 | 2023 | +16.48% | +5.84% | View data |
| 5 | 5 Rwanda | 3.58 | 2023 | -0.0017% | -0.35% | View data |
| 6 | 6 Kenya | 2.66 | 2023 | +1.53% | +1.01% | View data |
| 7 | 7 Uruguay | 2.66 | 2023 | -1.24% | -1.3% | View data |
| 8 | 8 Israel | 2.29 | 2023 | -1.29% | -1.02% | View data |
| 9 | 9 Ireland | 1.81 | 2023 | -3.72% | -7.2% | View data |
| 10 | 10 New Zealand | 1.72 | 2023 | 0% | -1.97% | View data |
