In 2023, Germany led Global Environmentally Related Tax Revenue from Taxes on Transport at 12.06 billion USD, with France and Denmark following at 7.66 billion USD and 4.83 billion USD, respectively. Eurozone countries, especially Germany, comprise significant portions of the revenue despite some declining trends, like in Norway (-4.9%) and Spain (-3.49%). Countries like Kazakhstan exhibited remarkable growth at 17.03%. Over the last five years, Compound Annual Growth Rate (CAGR) varied significantly, with notable increases in emerging markets.
Future trends to watch include the impact of national policies aiming at reducing transport emissions, with potential revenue declines resulting from a shift to greener transport, potentially offset by increased taxes on new technologies. Monitoring Europe's regulatory changes and emerging market growth, especially through emissions trading systems and carbon pricing strategies, will be crucial.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in the Total Economy by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12,060 | 2023 | +0.43% | -0.082% | View data |
| 2 | 2 France | 7,660 | 2023 | +2.53% | -0.82% | View data |
| 3 | 3 Denmark | 4,830 | 2023 | +0.24% | -1.94% | View data |
| 4 | 4 Austria | 4,100 | 2023 | +1.6% | +1.05% | View data |
| 5 | 5 Belgium | 3,510 | 2023 | +0.41% | -0.3% | View data |
| 6 | 6 Switzerland | 3,180 | 2023 | +1.82% | +2.61% | View data |
| 7 | 7 Spain | 2,830 | 2023 | -1.74% | -3.49% | View data |
| 8 | 8 Norway | 2,620 | 2023 | -3.9% | -4.9% | View data |
| 9 | 9 Finland | 2,520 | 2023 | +0.83% | -0.71% | View data |
| 10 | 10 Sweden | 2,520 | 2023 | +1.62% | +0.75% | View data |
