In 2023, China was the leading country in global climate change-related transport tax revenue, contributing significantly more than other nations like Japan and the United Kingdom. Over the past year, China’s revenue grew marginally, while Japan and Germany saw declines. India outperformed with a notable increase, unlike Brazil, which registered a decrease. Smaller economies like Rwanda and the Philippines showed impressive growth relative to their size, whereas others like Malaysia and Iceland witnessed sharp declines. The five-year average annual growth underscores gradual, varied progress across countries.
Looking forward, continued government emphasis on green policies could sustain growth in transport tax revenues worldwide. Key trends to watch include China's dominance, the potential rebound of European nations like Germany, and emerging markets in Asia and Africa gaining traction amid global sustainability commitments.
Top countries in Climate Change-Related Transport Tax Revenue Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 42.51 | 2023 | +3.59% | +2.32% | View data |
| 2 | 2 Japan | 13.52 | 2023 | -1.38% | -1.19% | View data |
| 3 | 3 United Kingdom | 9.43 | 2023 | +8.2% | +0.96% | View data |
| 4 | 4 Germany | 7.1 | 2023 | +0.055% | -0.32% | View data |
| 5 | 5 India | 6.74 | 2023 | +2.79% | +3.02% | View data |
| 6 | 6 Brazil | 6.73 | 2023 | +1.69% | -1.81% | View data |
| 7 | 7 Austria | 2.62 | 2023 | +2% | +1.04% | View data |
| 8 | 8 Israel | 1.91 | 2023 | +2.86% | +2.94% | View data |
| 9 | 9 Australia | 1.4 | 2023 | +2.07% | +5.37% | View data |
| 10 | 10 Portugal | 1.03 | 2023 | +7.33% | +0.57% | View data |
