The European environmentally related tax revenue from energy taxes in the travel and tourism sector shows significant heterogeneity across countries. The United Kingdom is the frontrunner, with France and Greece trailing significantly. Notable percentage variations in 2023 include Slovenia's remarkable increase, while Italy faced a substantial decline. Other noteworthy countries included Belgium and Iceland showing robust growth, whereas Denmark, Bulgaria, and Croatia saw declines. Over the past five years, some Eastern European nations like Estonia and Lithuania exhibited steady growth.
Future trends to watch include:
- Emerging sustainability initiatives may impact environmentally related taxes in Europe, influencing tax revenue growth.
- Countries facing declines might reevaluate policies to align with environmental goals, potentially leading to changes in tax structures.
- Growing environmental awareness and economic policies are expected to further affect industry dynamics, especially in high-revenue countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Travel Agency, Tour Operator Reservation Service and Related Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 212.15 | 2023 | +1.94% | +1.83% | View data |
| 2 | 2 France | 96.51 | 2023 | +5.78% | +1.54% | View data |
| 3 | 3 Greece | 40.26 | 2023 | +3.63% | +3.64% | View data |
| 4 | 4 Czech Republic | 24.66 | 2023 | +1.94% | +2.53% | View data |
| 5 | 5 Italy | 17.69 | 2023 | -8.4% | -17.09% | View data |
| 6 | 6 Poland | 15.41 | 2023 | +2.04% | +1.49% | View data |
| 7 | 7 Portugal | 14.1 | 2023 | +4.88% | +1.57% | View data |
| 8 | 8 Switzerland | 7.2 | 2023 | +3.93% | +3.13% | View data |
| 9 | 9 Sweden | 5.03 | 2023 | -0.55% | -0.86% | View data |
| 10 | 10 Belgium | 4.09 | 2023 | +4.94% | +4.41% | View data |
