In 2023, the UK leads in environmentally related tax revenue from transport in manufacturing computer, electronic, and optical products, with $19.38 million, despite a slight decline of 0.5%. France follows with $8.1 million, experiencing a minor decrease of 0.19%. Austria and Slovakia showed remarkable growth rates of 3.7% and 19.6%, respectively. Conversely, Belgium, Denmark, and the Czech Republic reported declines of 6.35%, 9.26%, and 11.8%, respectively. Over five years, the Compound Annual Growth Rate (CAGR) helps contextualize these trends.
Future Trends to Watch:
- Increased demand for sustainable manufacturing processes may drive higher tax revenue in countries focusing on green transportation solutions.
- Countries with declining revenues may implement policy changes to rejuvenate tax inflows through environmentally conscious incentives.
- Monitoring the regulatory environment in Europe will be crucial to understanding shifts in this tax revenue category.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 19.38 | 2023 | -1.37% | -0.5% | View data |
| 2 | 2 France | 8.1 | 2023 | +4.85% | -0.19% | View data |
| 3 | 3 Italy | 4.7 | 2023 | -2.43% | -3.28% | View data |
| 4 | 4 Austria | 3.12 | 2023 | +3.36% | +3.7% | View data |
| 5 | 5 Slovakia | 1.35 | 2023 | +4.27% | +19.6% | View data |
| 6 | 6 Norway | 0.91 | 2023 | +5.27% | +7.05% | View data |
| 7 | 7 Portugal | 0.88 | 2023 | +3.02% | +2.89% | View data |
| 8 | 8 Belgium | 0.7 | 2023 | -6.45% | -6.35% | View data |
| 9 | 9 Denmark | 0.67 | 2023 | -7.16% | -9.26% | View data |
| 10 | 10 Sweden | 0.58 | 2023 | +0.073% | +2.35% | View data |
