The United Kingdom leads in environmentally related tax revenue from travel agencies and related activities, totaling over 808 million USD, closely followed by Germany with 405 million USD. France, Norway, and Greece also contribute significantly, while countries like Estonia and Lithuania trail at under a million USD each. Year-over-year variations indicate notable growth in the Netherlands and Ireland, whereas Finland experienced a significant decrease, highlighting diverse regional trends. The five-year compound annual growth rates suggest consistency in tax revenue changes across most countries, except for sizeable fluctuation in specific areas.
In the future, watch for policy shifts across Europe focusing on sustainability, potentially leading to increased environmentally related tax revenues. Emphasis on greener tourism practices and alternative transportation methods may influence future tax structures and revenues within the sector.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Travel Agency, Tour Operator Reservation Service and Related Activities by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 808.06 | 2023 | +1.64% | +1.65% | View data |
| 2 | 2 Germany | 405.51 | 2023 | +3.86% | +3.05% | View data |
| 3 | 3 France | 91.84 | 2023 | +1.72% | -2.51% | View data |
| 4 | 4 Norway | 62.24 | 2023 | +5.78% | +3.03% | View data |
| 5 | 5 Greece | 31.64 | 2023 | +2.16% | +1.41% | View data |
| 6 | 6 Portugal | 12.05 | 2023 | +2.66% | +0.42% | View data |
| 7 | 7 Netherlands | 9.96 | 2023 | +14.91% | +7.04% | View data |
| 8 | 8 Poland | 8.1 | 2023 | +1.7% | +0.7% | View data |
| 9 | 9 Austria | 6.55 | 2023 | -1.95% | -2.34% | View data |
| 10 | 10 Ireland | 6.36 | 2023 | +1.94% | +8.39% | View data |