In 2023, Canada and the United Kingdom led in global environmentally related tax revenue from taxes on air transport, with values of $46.83 million and $29.88 million USD (PPP 2015), respectively. Noteworthy year-on-year growth was seen in Hungary (18.75%) and Denmark (14.97%), whereas Finland saw a significant decline of 46.6%. Over the last five years, countries with positive CAGR include Slovenia and Swedish markets, reflecting an increasing trend towards utilizing air transport taxes for environmental revenue. Conversely, countries like Finland and Poland observed declines, suggesting possible shifts in policy or air transport dynamics.
Future trends to watch include increased tax rates in environmentally conscious countries and potential adoption of similar tax policies by others aiming to mitigate carbon emissions. Additionally, changes in consumer behavior towards air travel, driven by sustainability factors, may influence future tax revenues significantly. Adjustments in international policies related to carbon credits and emissions might further impact this tax domain, promoting an expanded scope of environmentally related taxes worldwide.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Air Transport Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 46.83 | 2023 | +3.08% | +3.4% | View data |
| 2 | 2 United Kingdom | 29.88 | 2023 | +3.28% | +3.81% | View data |
| 3 | 3 France | 11.17 | 2023 | +9.46% | +0.21% | View data |
| 4 | 4 Germany | 9.24 | 2023 | +3.83% | +2.8% | View data |
| 5 | 5 Hungary | 4.42 | 2023 | +6.26% | +18.75% | View data |
| 6 | 6 Austria | 0.47 | 2023 | +3.2% | +3.73% | View data |
| 7 | 7 Poland | 0.41 | 2023 | -4.41% | -6.33% | View data |
| 8 | 8 Croatia | 0.29 | 2023 | -0.18% | +0.15% | View data |
| 9 | 9 Sweden | 0.14 | 2023 | +6.54% | +9.43% | View data |
| 10 | 10 Norway | 0.074 | 2023 | +3.88% | +3.47% | View data |
