In 2023, Germany and France led European environmentally related tax revenues in the motor vehicle manufacturing industry, each contributing over $28 million USD. Germany experienced a slight decline, while France saw a marginal decrease in terms of tax revenue change. Conversely, Slovenia stood out with a notable positive change. The UK's revenue showed modest growth, and Bulgaria witnessed the most significant decrease. Most countries faced stagnant or declining trends over the past five years, resulting in minimal growth in overall revenue from environmental taxes.
Future trends to watch include increasing revenue in nations adopting greener policies, which could elevate environmental tax revenues. Measured growth in economies focusing on sustainability may gradually boost these revenues. Consideration towards transitioning to electric vehicles and renewable energies will play a significant role in shaping future tax policies and revenues across Europe.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Manufacturing of Motor Vehicles, Trailers and Semi-Trailers Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.03 | 2023 | -1.31% | -1.03% | View data |
| 2 | 2 France | 28.36 | 2023 | +1.61% | -0.98% | View data |
| 3 | 3 United Kingdom | 12.14 | 2023 | +0.41% | +0.75% | View data |
| 4 | 4 Italy | 11.87 | 2023 | +1.02% | -1.64% | View data |
| 5 | 5 Czech Republic | 5.56 | 2023 | +0.22% | -0.2% | View data |
| 6 | 6 Spain | 4.57 | 2023 | +1.41% | -2.25% | View data |
| 7 | 7 Slovenia | 3.3 | 2023 | +6.78% | +3.37% | View data |
| 8 | 8 Sweden | 1.56 | 2023 | +2.78% | +2.09% | View data |
| 9 | 9 Netherlands | 1.23 | 2023 | +7.58% | +2.04% | View data |
| 10 | 10 Belgium | 1.14 | 2023 | +1.99% | +1.72% | View data |
