Forecast: Climate Change-Related Transport Tax Revenue in Japan

The climate change-related transport tax revenue in Japan is showing a slight decline from 2024 to 2028, with the value decreasing from 24.12 billion US dollars at PPP in 2024 to 23.5 billion US dollars at PPP in 2028. The year-on-year change indicates a minimal decrease each year. Compared to 2023, the revenue forecast showcases a consistent downward trend, highlighted by a compound annual growth rate (CAGR) over the five years as a slight decrease.

Important future trends to watch include:

  • Potential shifts in transportation technology, such as increased adoption of electric vehicles, which could influence tax revenues.
  • Government policy changes aimed at further reducing carbon emissions that may alter tax structures.
  • Economic factors and public transport infrastructure developments impacting transport behavior and associated tax revenue.

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