In 2023, Italy led the European Environmentally Related Tax Revenue from taxes on transport within the manufacturing sector for fabricated metal products (excluding machinery and equipment) with a revenue of $41.83 million (2015 PPP). However, it experienced a slight decrease of 1.62% from the previous year, while Germany, holding the second largest share at $14.03 million, slightly decreased by 0.017%. Denmark and Sweden showed strong positive growth amongst the top contributors, increasing by 3.95% and 4.08% respectively. Greece faced the most significant decline, diminishing by 5.29%. These fluctuations indicate a varied response to environmentally related tax policies across Europe.
Looking ahead, the focus on reducing carbon emissions and transitioning towards greener technologies is likely to influence environmentally related tax policies. This may increase tax revenues in countries investing in sustainable transport solutions. Keep an eye on policy changes in key countries like Italy and Germany as they strive to balance industrial growth with environmental regulations, potentially altering the distribution of tax revenue in this sector.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Fabricated Metal Products (Except Machinery and Equipment) Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.83 | 2023 | -0.55% | -1.62% | View data |
| 2 | 2 Germany | 14.03 | 2023 | -0.29% | -0.017% | View data |
| 3 | 3 Netherlands | 10.2 | 2023 | +3.11% | -0.19% | View data |
| 4 | 4 Denmark | 6.31 | 2023 | +0.065% | +3.95% | View data |
| 5 | 5 Czech Republic | 5.76 | 2023 | +0.79% | -1.39% | View data |
| 6 | 6 Sweden | 5.38 | 2023 | +1.45% | +4.08% | View data |
| 7 | 7 Slovakia | 3.66 | 2023 | +1.1% | +0.045% | View data |
| 8 | 8 Finland | 3.54 | 2023 | +1.58% | +0.79% | View data |
| 9 | 9 Greece | 3.17 | 2023 | -6.43% | -5.29% | View data |
| 10 | 10 Hungary | 1.84 | 2023 | +2.54% | +2.82% | View data |
