In 2023, Belgium led the European Environmentally Related Tax Revenue from taxes on transport in real estate activities with a share of $33.69 million USD, marking a 1.47% increase from the previous year. Italy and the Netherlands experienced slight declines of 1.28% and 0.013%, respectively. Germany showed a notable growth of 5.2%, whereas Norway faced a significant decrease of 9.56%. The Czech Republic saw a modest rise of 0.34%, while Slovenia recorded the highest growth percentage at 7.83%. Cyprus and Serbia experienced the largest declines, with reductions of 11.18% and 18.11%, respectively.
Future trends to monitor include intensified regulatory pressures and technological advancements driving shifts in tax policy. The impact of EU climate targets and electric vehicle market growth are likely to influence these revenues, as countries adopt more aggressive environmental strategies; this evolution may alter the balance of contributions from various countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Real Estate Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 33.69 | 2023 | +2.49% | +1.47% | View data |
| 2 | 2 Italy | 23.12 | 2023 | +0.22% | -1.28% | View data |
| 3 | 3 Netherlands | 10.81 | 2023 | +5.85% | -0.013% | View data |
| 4 | 4 Germany | 9.18 | 2023 | +4.63% | +5.2% | View data |
| 5 | 5 Sweden | 6.59 | 2023 | -0.04% | -0.17% | View data |
| 6 | 6 Norway | 3.86 | 2023 | -10.48% | -9.56% | View data |
| 7 | 7 Portugal | 3.82 | 2023 | -0.33% | -1.38% | View data |
| 8 | 8 Switzerland | 3.67 | 2023 | -0.46% | -1.71% | View data |
| 9 | 9 Czech Republic | 2.57 | 2023 | +0.33% | +0.34% | View data |
| 10 | 10 Iceland | 0.5 | 2023 | +0.7% | -5.53% | View data |
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