European Environmentally Related Tax Revenue from Taxes on Transport in Accommodation and Food Service Activities by Country

As of 2023, Portugal leads in European environmentally related tax revenue from taxes on transport in accommodation and food service activities, totaling $69.13 million. Italy and France also report substantial figures, at $66.21 million and $33.08 million, respectively. Smaller economies like Lithuania, Estonia, Latvia, and others see significantly lower figures, under $0.2 million. Year-on-year variations show Portugal with a growth of 3.44%, while Finland dropped by 11.36%—the largest decline. Lithuania experienced the highest growth at 5.98%. Over five years, a compound annual growth rate reveals modest shifts, indicating diverse national policies and economic conditions impacting revenues.

Future trends suggest a potential increase in tax revenues driven by stronger environmental policies and innovations in transport sectors. Countries might witness rising revenues as they strive to meet climate goals, drive green investments, and adapt to shifts in consumer preferences towards sustainable travel options. Nations with declining revenues may peer more into optimizing tax strategies or enhancing infrastructure to leverage environmental taxes more effectively.