In 2023, Poland experienced a significant decrease of 18.81% in environmentally related tax revenue from taxes on resources in warehousing and support activities for transportation, marking the steepest decline among the countries analyzed. Conversely, Croatia showed the highest growth at 11.8%, while the Netherlands and Serbia demonstrated modest increases of 3.79% and 3.98%, respectively. Despite these variations, Cyprus exhibited a noteworthy increase of 5.26%, though its overall revenue remains low. Other countries, such as France, Denmark, and Belgium, saw slight declines or minimal changes, highlighting a mixed trend across Europe during this period.
Looking forward, with increased environmental regulations and sustainable practices being prioritized across Europe, growth in environmentally related tax revenues in warehousing and transportation support services is likely. Countries may experience divergent impacts based on regulatory frameworks, economic conditions, and sector adaptation. Monitoring policy changes and industry responses will be crucial to understanding these dynamics.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Warehousing and Support Activities for Transportation by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 2.26 | 2023 | -22.78% | -18.81% | View data |
| 2 | 2 Netherlands | 1.43 | 2023 | +2.7% | +3.79% | View data |
| 3 | 3 France | 0.94 | 2023 | +1.5% | -1.79% | View data |
| 4 | 4 Latvia | 0.51 | 2023 | +6.16% | +0.19% | View data |
| 5 | 5 Croatia | 0.46 | 2023 | +3.75% | +11.8% | View data |
| 6 | 6 Denmark | 0.25 | 2023 | -3.1% | -1.82% | View data |
| 7 | 7 Serbia | 0.22 | 2023 | +3.1% | +3.98% | View data |
| 8 | 8 Cyprus | 0.12 | 2023 | +6.61% | +5.26% | View data |
| 9 | 9 Belgium | 0.11 | 2023 | +3.92% | -3.59% | View data |
| 10 | 10 Bulgaria | 0.04 | 2023 | -7.59% | +0.54% | View data |
