In 2023, France held a significant lead in environmentally related tax revenue from transport in insurance and pension funding, with $139.39 million USD, reflecting a modest 0.95% annual increase. Germany and Switzerland followed, with Germany showing a 1.22% increase, while Switzerland saw a decrease of 1.69%. The Netherlands experienced the highest growth at 8.33%. Conversely, nations like Cyprus experienced drastic declines of over 70%. Southern and Eastern European nations such as Greece, Hungary, and Croatia showed minor fluctuations, generally negative or stagnant, demonstrating varied regional economic resilience.
Future trends to watch include the growing emphasis on green policies across Europe, which could reshape fiscal strategies. Countries might increase taxes or introduce incentives to align with environmental goals, potentially impacting transport-related tax revenues. Economic recovery and technological advancements in sustainable transport could further influence these taxes and their allocation in the insurance and financial sectors.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 139.39 | 2023 | +0.35% | +0.95% | View data |
| 2 | 2 Germany | 13.09 | 2023 | +1.43% | +1.22% | View data |
| 3 | 3 Switzerland | 8.26 | 2023 | -0.33% | -1.69% | View data |
| 4 | 4 Netherlands | 7.05 | 2023 | +1.61% | +8.33% | View data |
| 5 | 5 Austria | 6.27 | 2023 | +3.59% | +3.46% | View data |
| 6 | 6 Denmark | 1.35 | 2023 | +1.76% | -1.17% | View data |
| 7 | 7 Serbia | 1.16 | 2023 | +3.25% | +0.56% | View data |
| 8 | 8 Greece | 0.73 | 2023 | +2.5% | +0.89% | View data |
| 9 | 9 Poland | 0.46 | 2023 | -5.67% | +1.62% | View data |
| 10 | 10 Italy | 0.44 | 2023 | +0.23% | -2.44% | View data |
