In 2023, the European environmentally related tax revenue from taxes on resources in the wholesale and retail trade and repair of motor vehicles and motorcycles demonstrated varied trends among countries: Netherlands topped with $37.25 million, marking a 4.22% increase from the previous year. Croatia exhibited a significant growth of 12.26%, reaching $27.43 million, while France saw a 1.76% decline to $19.56 million. Serbia increased by 5.83% to $5.82 million, and Cyprus had a notable rise of 10.21%, reaching $1.85 million. Other countries showed smaller fluctuations, with Latvia, Denmark, Belgium, and Bulgaria indicating minor percentage changes.
Future trends to watch for include potential shifts in environmental policy impacting revenue from these taxes. As European countries intensify their green initiatives and fuel-efficient technologies advance, expect further fluctuation dependent on adopted policy measures and market adaptation to eco-friendly technology. Furthermore, with economic recovery post-pandemic, these revenues may display more uniform growth across nations.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Share by Country (Million US Dollars PPP = 2015)
# | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 37.25 | 2023 | +7.63% | +4.22% | View data |
2 | 2 Croatia | 27.43 | 2023 | +4.01% | +12.26% | View data |
3 | 3 France | 19.56 | 2023 | +0.17% | -1.76% | View data |
4 | 4 Serbia | 5.82 | 2023 | +3.92% | +5.83% | View data |
5 | 5 Cyprus | 1.85 | 2023 | +6.7% | +10.21% | View data |
6 | 6 Latvia | 1.69 | 2023 | +3.18% | +4.13% | View data |
7 | 7 Belgium | 0.82 | 2023 | +4.79% | -2.06% | View data |
8 | 8 Denmark | 0.37 | 2023 | +3.22% | +1.4% | View data |
9 | 9 Bulgaria | 0.097 | 2023 | +5.13% | -21.92% | View data |