The European environmentally related tax revenue from taxes on transport in the manufacturing of electrical equipment displayed a varied performance across countries by 2023. Ireland led with a notable revenue, substantially surpassing others, while Poland and Spain followed with much smaller figures. Year-on-year changes in 2023 showed Ireland and Poland recording increases, whereas countries like Denmark, Netherlands, and Greece saw declines. This reflects a mixed trend with a stark contrast between leading and lagging nations in their contribution to environmentally related tax revenue.
Looking ahead, countries with declining revenues may pursue policy adjustments to improve their environmental tax structures. With growing emphasis on sustainable practices, expect an increase in tax revenue from this sector across Europe. Watching shifts towards greener manufacturing and transport technologies could drive future trends, fostering revenue growth and increased focus on eco-friendly practices.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Electrical Equipment Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 79.74 | 2023 | +6.36% | +1.72% | View data |
| 2 | 2 Poland | 3.01 | 2023 | +1.3% | +7.89% | View data |
| 3 | 3 Spain | 2.98 | 2023 | +3.64% | +0.19% | View data |
| 4 | 4 Denmark | 2.37 | 2023 | +0.66% | -1.25% | View data |
| 5 | 5 Netherlands | 2.29 | 2023 | +20.17% | -11.51% | View data |
| 6 | 6 Belgium | 2.26 | 2023 | -4.56% | -4.98% | View data |
| 7 | 7 Finland | 1.97 | 2023 | +0.57% | -1.22% | View data |
| 8 | 8 Czech Republic | 1.73 | 2023 | -6.95% | -10.67% | View data |
| 9 | 9 Sweden | 1.62 | 2023 | +1.89% | +3.25% | View data |
| 10 | 10 Croatia | 1.03 | 2023 | -0.95% | -1.2% | View data |
