The United Kingdom leads in environmentally related tax revenue from transportation and storage in 2023, with $8.31 billion. Germany and Italy follow, though they experienced declines of 2.64% and 2.7%, respectively. Poland and Greece showed resilience with year-on-year increases, while Cyprus and Finland faced downturns. Romania achieved a significant growth of 3.73%, and Iceland is noteworthy with a 6.14% increase. Over five years, many countries have shown slightly declining CAGR, indicating overall stagnation or negative growth in this sector.
Looking ahead, the focus on sustainable transportation technologies, the tightening of environmental regulations, and shifts in government policies across Europe are anticipated to influence environmentally related tax revenues. These factors may drive both upward and downward trends depending on each country's specific strategies and commitments to green sustainability initiatives.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Transportation and Storage by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 8,310 | 2023 | -0.86% | -1.31% | View data |
| 2 | 2 Germany | 4,770 | 2023 | -2.31% | -2.64% | View data |
| 3 | 3 Italy | 3,960 | 2023 | -1.54% | -2.7% | View data |
| 4 | 4 Poland | 3,890 | 2023 | +1.91% | +1.06% | View data |
| 5 | 5 Spain | 3,590 | 2023 | -0.76% | -1.58% | View data |
| 6 | 6 Greece | 1,600 | 2023 | +2.59% | +2.51% | View data |
| 7 | 7 Netherlands | 1,460 | 2023 | +2.07% | -0.66% | View data |
| 8 | 8 Czech Republic | 1,200 | 2023 | +1.23% | +0.19% | View data |
| 9 | 9 Belgium | 921.46 | 2023 | -4.13% | -4.55% | View data |
| 10 | 10 Croatia | 879.42 | 2023 | +2.56% | +1.82% | View data |