In 2023, the Netherlands leads in transport tax revenue dedicated to scientific research and development in Europe with a 3.33 million USD, though it faces a decline of 1.23% over the previous year. Norway follows with a positive growth of 1.28% at 1.05 million USD. Denmark, at 0.81 million USD, experiences a slight decrease of 0.56%. Greece shows a notable downturn of 7.05%, recording 0.66 million USD. Latvia, however, exhibits an exceptional 21.36% increase, albeit from a smaller base of 0.044 million USD.
Future trends to watch:
- Sustained growth in environmental taxes in countries like Norway and Serbia, potentially driven by policy shifts and sustainable development goals.
- Latvia's substantial increase could indicate a burgeoning commitment to environmental investments.
- The Netherlands, despite slight declines, remains pivotal due to its significant revenue scale, influencing regional policy and investment strategies.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Scientific Research and Development by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 3.33 | 2023 | +6.58% | -1.23% | View data |
| 2 | 2 Norway | 1.05 | 2023 | +0.61% | +1.28% | View data |
| 3 | 3 Denmark | 0.81 | 2023 | +0.94% | -0.56% | View data |
| 4 | 4 Greece | 0.66 | 2023 | -8.93% | -7.05% | View data |
| 5 | 5 Serbia | 0.36 | 2023 | -0.3% | +1.22% | View data |
| 6 | 6 Poland | 0.34 | 2023 | -4.79% | -1.42% | View data |
| 7 | 7 Slovenia | 0.11 | 2023 | +7.95% | +2.38% | View data |
| 8 | 8 Romania | 0.058 | 2023 | -8.09% | -10.53% | View data |
| 9 | 9 Latvia | 0.044 | 2023 | +11.27% | +21.36% | View data |
| 10 | 10 Iceland | 0.029 | 2023 | -2.41% | -4.45% | View data |
