The 2023 data shows that Canada leads in global environmentally related tax revenue from energy taxes in land transport and pipelines, at a substantial figure compared to others. Poland and Spain follow with notable growth rates of 1.81% and 1.08%, respectively. Contrarily, key economies like the UK and Germany experienced reductions in revenue, while smaller countries like Serbia and Romania showed promising percentage increases. The five-year CAGR varies, highlighting Lithuania and Serbia as strong performers, while major European countries showed declining trends, indicating diverging strategies in tax policy adaptability and economic changes.
Future trends suggest increased adaptation of green fiscal policies could drive higher revenues, with attention on countries with declining revenues potentially enhancing legislation or tax policies focused on sustainable transport and energy use. Monitoring changes in technology adoption and regulatory frameworks globally, particularly in emerging markets, will offer insights into revenue shifts and environmental impacts.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Land Transport and Transport Via Pipelines by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 12,210 | 2023 | +3.63% | -0.25% | View data |
| 2 | 2 Poland | 7,030 | 2023 | +2.18% | +1.81% | View data |
| 3 | 3 Spain | 3,720 | 2023 | +1.3% | +1.08% | View data |
| 4 | 4 Italy | 3,410 | 2023 | -0.81% | -0.086% | View data |
| 5 | 5 United Kingdom | 2,360 | 2023 | -2.62% | -2.21% | View data |
| 6 | 6 Germany | 2,160 | 2023 | -3.23% | -2.93% | View data |
| 7 | 7 Serbia | 1,550 | 2023 | +2.65% | +3.62% | View data |
| 8 | 8 Croatia | 1,480 | 2023 | +3.11% | +3% | View data |
| 9 | 9 Czech Republic | 1,400 | 2023 | +1.84% | +1.17% | View data |
| 10 | 10 Hungary | 1,090 | 2023 | +3.05% | +2.15% | View data |