The analysis of 2023 shows varied trends in environmentally related tax revenue from transport taxes across European countries. The United Kingdom leads significantly in revenue at $42.49 million USD, growing modestly by 0.25%. Germany, the Netherlands, Italy, and France have seen declines ranging from -0.2% to -1.72%, while Denmark and Slovakia experienced impressive growth rates at 8.74% and 20.3% respectively. Conversely, Greece, Bulgaria, and Iceland reported decreases, with Cyprus experiencing a notable drop of -10.92%. Smaller economies like Latvia, Norway, Austria, and Slovenia have shown understandable steady increases.
Future trends to watch include the potential impact of increasing eco-friendly policies and the transition to electric vehicles on transport tax revenues. Countries with rising investment in green technologies may see shifts in these tax structures, potentially impacting their revenue generation. Additionally, evolving European Union regulations could affect tax policies and revenues moving forward.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Public Administration and Defence; Compulsory Social Security Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 42.49 | 2023 | +0.27% | +0.25% | View data |
| 2 | 2 Germany | 10.3 | 2023 | -0.15% | -1.11% | View data |
| 3 | 3 Netherlands | 8.22 | 2023 | +0.79% | -0.2% | View data |
| 4 | 4 Italy | 5.76 | 2023 | +0.17% | -1.18% | View data |
| 5 | 5 Denmark | 5.73 | 2023 | +1.43% | +8.74% | View data |
| 6 | 6 France | 5.43 | 2023 | +2.35% | -1.72% | View data |
| 7 | 7 Latvia | 4.99 | 2023 | +3.31% | +2.71% | View data |
| 8 | 8 Switzerland | 4.96 | 2023 | +1.18% | -0.17% | View data |
| 9 | 9 Norway | 4.82 | 2023 | +2.87% | +3.18% | View data |
| 10 | 10 Austria | 3.25 | 2023 | +3.46% | +3.59% | View data |
