The data on European environmentally related tax revenue derived from transport taxes in insurance highlights significant disparities among countries. France significantly leads with $77.53 million, while Germany follows at $7.28 million. Notably, several countries, including Cyprus and Croatia, contribute minimally to this total, with revenues close to zero.
Year-on-year trends from 2023 show modest growth in France (0.95%) and significant growth in countries such as Norway (9.86%) and the Netherlands (8.33%). Conversely, Cyprus shows a stark decline of 71.17%. Over the past five years, varied compound annual growth rates (CAGR) suggest fluctuating national economic strategies and regulatory changes impacting these revenues.
Future trends to watch include increased regulatory pressures aimed at sustainable transport solutions, which could shift tax structures. Moreover, the evolving insurance and pension landscapes could influence revenue outcomes as countries adapt to meet environmental commitments.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Insurance, Reinsurance and Pension Funding, Except Compulsory Social Security Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 77.53 | 2023 | +0.35% | +0.95% | View data |
| 2 | 2 Germany | 7.28 | 2023 | +1.43% | +1.22% | View data |
| 3 | 3 Switzerland | 4.59 | 2023 | -0.33% | -1.69% | View data |
| 4 | 4 Netherlands | 3.92 | 2023 | +1.61% | +8.33% | View data |
| 5 | 5 Austria | 3.49 | 2023 | +3.59% | +3.46% | View data |
| 6 | 6 Denmark | 0.75 | 2023 | +1.76% | -1.17% | View data |
| 7 | 7 Serbia | 0.64 | 2023 | +3.25% | +0.56% | View data |
| 8 | 8 Greece | 0.41 | 2023 | +2.5% | +0.89% | View data |
| 9 | 9 Poland | 0.26 | 2023 | -5.67% | +1.62% | View data |
| 10 | 10 Italy | 0.24 | 2023 | +0.23% | -2.44% | View data |
