The data for 2023 reveals that the United Kingdom leads in environmentally related tax revenue from taxes on transport in the sector, with a notable increase of 1.66% year-on-year. Italy and Germany follow, though Italy witnessed a decline of 1.2% and Germany a slight drop of 0.3%. France experienced a more significant reduction at 2.45%. Smaller economies like Hungary and Croatia saw marginal increases, whereas countries including Greece, Bulgaria, Romania, and Cyprus reported substantial decreases, exceeding 3%. The CAGR over the past five years indicates a relatively stable yet declining trend across many countries in this tax domain.
Future trends to watch include the potential shift in tax policies towards supporting green manufacturing technologies, changes in transportation infrastructure maybe influenced by decarbonization goals, and varying national legislative priorities that might affect revenue generation in this sector. Countries emphasizing sustainable industrial practices may see divergent patterns in their environmentally related tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing of Basic Metals and Fabricated Metal Products (Except Machinery and Equipment) Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 31.36 | 2023 | +2.29% | +1.66% | View data |
| 2 | 2 Italy | 30.47 | 2023 | +0.0085% | -1.2% | View data |
| 3 | 3 Germany | 15.2 | 2023 | -0.47% | -0.3% | View data |
| 4 | 4 France | 11.14 | 2023 | +3.31% | -2.45% | View data |
| 5 | 5 Czech Republic | 3.77 | 2023 | +0.5% | -1.79% | View data |
| 6 | 6 Greece | 2.19 | 2023 | -6.34% | -5.27% | View data |
| 7 | 7 Hungary | 1.33 | 2023 | +2.02% | +1.57% | View data |
| 8 | 8 Croatia | 1.3 | 2023 | -0.19% | +0.14% | View data |
| 9 | 9 Spain | 1.15 | 2023 | +2.67% | -0.88% | View data |
| 10 | 10 Romania | 0.73 | 2023 | -2.32% | -3.31% | View data |
