The data for 2023 shows that the United Kingdom had the highest environmentally related tax revenue from taxes on transport in employment activities, followed by the Netherlands and Switzerland. The largest year-on-year increase in 2023 was observed in Slovakia with a significant 10.71% rise, whereas Greece saw a drastic decrease of 30.56%. Notable growth was also recorded in Iceland and Slovenia, while Belgium and Finland experienced declines of over 3%. Over the last five years, the average annual growth suggests a mixed pattern, with stronger performance predominantly in smaller economies like Slovakia and Cyprus.
Looking forward, future trends in European environmentally related tax revenue from transport include a potential rise in tax revenues driven by increased regulatory focus on environmental sustainability. As countries transition towards greener transport solutions, revenues could fluctuate with advancements in electric vehicle adoption and supporting infrastructure. Monitoring the policy shifts and technological innovations will be crucial for forecasting future revenue trends.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Employment Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 82.62 | 2023 | +5.33% | +4.05% | View data |
| 2 | 2 Netherlands | 21.69 | 2023 | +0.7% | -0.67% | View data |
| 3 | 3 Switzerland | 8.82 | 2023 | -0.22% | -2.32% | View data |
| 4 | 4 Sweden | 3.18 | 2023 | +3.36% | +3.04% | View data |
| 5 | 5 Belgium | 2.22 | 2023 | -2.06% | -3.16% | View data |
| 6 | 6 Denmark | 1.46 | 2023 | +0.98% | +1.47% | View data |
| 7 | 7 Finland | 0.89 | 2023 | -2.59% | -3.32% | View data |
| 8 | 8 Slovakia | 0.7 | 2023 | +4.27% | +10.71% | View data |
| 9 | 9 Portugal | 0.53 | 2023 | -0.23% | -1.26% | View data |
| 10 | 10 Romania | 0.12 | 2023 | -0.73% | -0.66% | View data |
