In 2023, Germany led Europe with environmentally related tax revenues from transport in administrative services, amassing $699.67 million PPP. Italy followed with $420.62 million, while Poland significantly increased, recording a 4.94% growth. Sweden and Ireland showcased notable growth rates of 6.58% and 6.7%, respectively. However, Finland and Romania experienced downturns, with Finland declining by 5.62% and Romania by 22.68%. Over the past five years, the average compound annual growth rate indicates moderate to strong growth in several countries, with transport taxes increasingly contributing to environmental revenues.
Looking forward, the focus on sustainable transport is expected to drive further growth in environmentally related tax revenues across Europe. Countries may enhance their fiscal policies to support eco-friendly transport solutions, thus potentially shifting the tax landscape further in favor of green initiatives. Continuous innovation in green technologies and evolving regulatory environments will likely influence future tax policies and revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Administrative and Support Service Activities by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 699.67 | 2023 | +3.37% | +2.68% | View data |
| 2 | 2 Italy | 420.62 | 2023 | +2.18% | +2.24% | View data |
| 3 | 3 Poland | 222.57 | 2023 | +3.93% | +4.94% | View data |
| 4 | 4 Norway | 210.23 | 2023 | +2.03% | +2.95% | View data |
| 5 | 5 Sweden | 115.68 | 2023 | +4.53% | +6.58% | View data |
| 6 | 6 Ireland | 91.87 | 2023 | +13.59% | +6.7% | View data |
| 7 | 7 Finland | 53.62 | 2023 | -4.79% | -5.62% | View data |
| 8 | 8 Switzerland | 33.87 | 2023 | +1.75% | +1.17% | View data |
| 9 | 9 Slovakia | 32.15 | 2023 | +2.31% | +0.87% | View data |
| 10 | 10 Hungary | 30.79 | 2023 | +3.52% | +3.98% | View data |
