In 2023, the United Kingdom led in European Environmentally Related Tax Revenue from taxes on transport in advertising and market research, with the highest share. Ireland showed the most significant year-on-year growth at 61.62%, while the UK remained steady with a 2.78% increase. Austria and Germany also experienced growth, whereas Italy, Sweden, and several Eastern European countries saw declines, notably Bulgaria's plunge by 22.53%. Over the past five years, the compounded annual growth (CAGR) reflects a mixed trend of stable growth in certain Western European countries and declines or stagnation in Eastern Europe.
Looking forward, future trends to watch include:
- Continued adoption of green policies across Europe could boost related tax revenues.
- Technological advancements in advertising will likely affect allocation and growth in this sector.
- Geopolitical and economic shifts may influence revenue streams, especially in Eastern Europe.
- Increasing global environmental awareness may potentially drive policy changes affecting tax revenue distribution.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Advertising and Market Research Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 60.51 | 2023 | +3.32% | +2.78% | View data |
| 2 | 2 France | 9.4 | 2023 | +6.38% | -1.83% | View data |
| 3 | 3 Austria | 6.61 | 2023 | +3.58% | +3.72% | View data |
| 4 | 4 Italy | 5.86 | 2023 | -1.04% | -4.03% | View data |
| 5 | 5 Germany | 3.62 | 2023 | +3.59% | +3.25% | View data |
| 6 | 6 Switzerland | 2.9 | 2023 | +0.36% | -0.14% | View data |
| 7 | 7 Denmark | 1.62 | 2023 | +0.57% | +0.45% | View data |
| 8 | 8 Sweden | 1.44 | 2023 | -2.42% | -4.84% | View data |
| 9 | 9 Portugal | 1.41 | 2023 | -0.13% | -0.35% | View data |
| 10 | 10 Ireland | 1.17 | 2023 | +10.95% | +61.62% | View data |
