In 2023, the United Kingdom leads in European environmentally related tax revenues from transport, valued at 28.93 million USD, followed by France at 19.86 million USD. Notably, Sweden and Switzerland show the most positive growth trends in the past two years, with increases of 2.23% and 2.28% respectively. Ireland shows significant growth with a year-on-year rise of 4.49%, while Greece and Belgium face steep declines at -9.24% and -11.93% respectively, indicating potential concerns these countries might need to address. Overall, the sector reflects uneven growth, with certain countries showing promising advancements while others struggle.
Future trends likely include increased adaptation to green policies affecting tax structures. The adoption of electric and hydrogen vehicles may impact tax revenues, especially for countries with aggressive decarbonization targets. Additionally, ongoing geopolitical and economic factors can influence fiscal policies and tax adjustments to further navigate environmental challenges. Monitoring shifts in transportation technology adoption and regulatory changes will be crucial in assessing future tax revenue dynamics.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Transportation and Storage Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 28.93 | 2023 | +2.07% | +1.68% | View data |
| 2 | 2 France | 19.86 | 2023 | +3.01% | +0.12% | View data |
| 3 | 3 Spain | 9.69 | 2023 | +1.88% | -2.31% | View data |
| 4 | 4 Germany | 8.7 | 2023 | +1.89% | +1.15% | View data |
| 5 | 5 Italy | 6 | 2023 | +0.34% | -1.36% | View data |
| 6 | 6 Sweden | 4.14 | 2023 | +1.68% | +2.23% | View data |
| 7 | 7 Denmark | 3.16 | 2023 | +0.86% | +0.93% | View data |
| 8 | 8 Netherlands | 2.76 | 2023 | +2.31% | -0.9% | View data |
| 9 | 9 Austria | 2.04 | 2023 | +1.83% | +1.6% | View data |
| 10 | 10 Hungary | 1.81 | 2023 | +1.33% | -0.47% | View data |
