In 2023, Germany's tax expenditure on all fossil fuels for transportation was approximately 1,000 million USD. Forecast data from 2024 to 2028 shows a gradual decline, with values ranging from 981.47 million USD in 2024 to 927.18 million USD in 2028. The year-on-year variation from 2024 to 2025 is a decrease of about 1.64%, 1.48% from 2025 to 2026, 1.33% from 2026 to 2027, and 1.19% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is negative, indicating a steady reduction in tax expenditure on fossil fuels for transportation.
Future trends to watch for include Germany's transition to renewable energies and electric vehicles, which could further reduce reliance on fossil fuels. Additionally, policy changes, such as carbon taxes or subsidies for green transportation, could significantly impact future tax expenditures on fossil fuels.
