In 2023, Italy led Europe with the highest environmentally related tax revenue from all environmental taxes in the wholesale and retail trade and repair of motor vehicles and motorcycles, followed by France and Spain. Notable year-on-year growth was observed in Switzerland, Portugal, and Hungary, while countries like Bulgaria, Romania, and Norway saw declines. Over the past five years, the compound annual growth rate (CAGR) shows steady growth but varied across countries, highlighting diverse policy impacts.
Looking forward, future trends to watch include the impact of green policies, technological advancements in vehicle efficiency, and changes in consumer behavior towards electric vehicles. Increasing pressure to meet environmental targets will likely influence tax strategies across these sectors.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 620.54 | 2023 | +1.97% | +2.07% | View data |
| 2 | 2 France | 530.61 | 2023 | +5.98% | +2.42% | View data |
| 3 | 3 Spain | 346.78 | 2023 | +1.71% | +0.58% | View data |
| 4 | 4 Netherlands | 316.53 | 2023 | +4.43% | +1.91% | View data |
| 5 | 5 Germany | 287.78 | 2023 | -0.16% | -0.066% | View data |
| 6 | 6 Norway | 271.81 | 2023 | -1.79% | -1.88% | View data |
| 7 | 7 Sweden | 243.4 | 2023 | +0.35% | +1.61% | View data |
| 8 | 8 Poland | 220.75 | 2023 | -0.53% | -1.25% | View data |
| 9 | 9 Belgium | 220.55 | 2023 | +1.65% | +1.31% | View data |
| 10 | 10 Hungary | 175.13 | 2023 | +1.53% | +2.73% | View data |
