In 2023, Sweden led European environmentally related tax revenue from transport in travel agency and related services with $74.08M, growing 9.77% year-on-year. Italy ($5.4M, +0.22%) and the Netherlands ($3.88M) followed. Notable declines occurred in Finland (-19.33%) and Bulgaria (-9.86%). Hungary saw a remarkable growth of 36.56%.
Future trends to watch include the continued growth of Sweden, potential stabilization in Southern European countries, and Hungary’s standout performance. Key factors will include Europe’s regulatory changes, evolving consumer preferences, and the broader transition to sustainable transport solutions.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Travel Agency, Tour Operator Reservation Service and Related Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 74.08 | 2023 | +6.97% | +9.77% | View data |
| 2 | 2 Italy | 5.4 | 2023 | +0.57% | +0.22% | View data |
| 3 | 3 Netherlands | 3.88 | 2023 | +25.13% | View data | |
| 4 | 4 Portugal | 3.68 | 2023 | +8.4% | +3.13% | View data |
| 5 | 5 Austria | 3.51 | 2023 | +3.53% | +3.48% | View data |
| 6 | 6 Croatia | 1.92 | 2023 | -0.96% | -1.2% | View data |
| 7 | 7 Switzerland | 1.82 | 2023 | -1.4% | -2.49% | View data |
| 8 | 8 Iceland | 1.63 | 2023 | +3.98% | -0.32% | View data |
| 9 | 9 Denmark | 0.82 | 2023 | +0.48% | -1.52% | View data |
| 10 | 10 Slovakia | 0.78 | 2023 | +5.07% | +2.4% | View data |