In 2023, Italy led European environmentally related tax revenue from transport in manufacturing of wood, paper, and printing, despite a slight decline of 1.35%. Austria and Finland witnessed positive growths of 1.41% and 4.22%, respectively. Notably, Switzerland saw a minor decline of 0.13%, while Germany experienced a dip of 0.68%. The United Kingdom experienced the most considerable decrease at 6.06%, contrasting with Slovenia's highest positive growth rate of 6.16%. Sweden observed a growth rate of 4.5%, suggesting a significant upward trend in tax revenue generation within the sector.
Future trends to watch include:
- Efforts towards decarbonization and sustainable practices might encourage higher tax revenues in progressive nations.
- The EU's green policies could further impact tax revenues as transport methods evolve, pushing more eco-friendly alternatives.
- Monitoring the effects of fluctuating environmental policies and fuel costs on tax collection in this domain remains critical.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Wood, Paper, Printing and Reproduction by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 35.89 | 2023 | -0.69% | -1.35% | View data |
| 2 | 2 Austria | 26.27 | 2023 | +1.1% | +1.41% | View data |
| 3 | 3 Germany | 15.72 | 2023 | -1.14% | -0.68% | View data |
| 4 | 4 Finland | 15.31 | 2023 | +4.41% | +4.22% | View data |
| 5 | 5 Switzerland | 13.11 | 2023 | +0.7% | -0.13% | View data |
| 6 | 6 Portugal | 9.48 | 2023 | +2.43% | +1.09% | View data |
| 7 | 7 Poland | 7.62 | 2023 | -1.95% | +0.62% | View data |
| 8 | 8 United Kingdom | 6.86 | 2023 | -13.87% | -6.06% | View data |
| 9 | 9 Netherlands | 6.78 | 2023 | -0.65% | -3.94% | View data |
| 10 | 10 Belgium | 5.22 | 2023 | -4.29% | -4.97% | View data |