The European environmentally related tax revenue from taxes on energy in the manufacturing of motor vehicles, trailers, and semi-trailers has shown varied trends across countries. Germany continues to lead in revenue collection, despite a slight decline in 2023. Other countries like Slovenia and the United Kingdom exhibited notable growth rates in the same year, highlighting an upward trajectory in their green taxation. Conversely, countries such as Denmark and Norway faced significant year-on-year declines, with Denmark experiencing a sharp drop. Overall, small increases were observed in Belgium and Serbia, indicating their progressive adaptation to green taxation trends.
Looking ahead, increased European Union regulations focusing on environmental sustainability and energy efficiency are likely to influence tax revenue trends. Countries with established automotive industries may witness more progressive taxation strategies aimed at reducing carbon emissions. This could result in a moderate increase in tax revenues in the upcoming years. Monitoring country-specific policy changes and technological advancements within the automotive sector will be crucial in anticipating shifts in environmentally related tax revenues.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Manufacturing of Motor Vehicles, Trailers and Semi-Trailers Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.34 | 2023 | -1.5% | -1.26% | View data |
| 2 | 2 Italy | 15.34 | 2023 | +1.24% | -0.6% | View data |
| 3 | 3 France | 12.83 | 2023 | +6.88% | +1.81% | View data |
| 4 | 4 Czech Republic | 8.42 | 2023 | +0.32% | -0.13% | View data |
| 5 | 5 Spain | 6.85 | 2023 | +1.45% | -2.18% | View data |
| 6 | 6 United Kingdom | 5.14 | 2023 | +2.56% | +3.07% | View data |
| 7 | 7 Slovenia | 5.01 | 2023 | +6.83% | +3.33% | View data |
| 8 | 8 Romania | 2.32 | 2023 | +2.06% | +1.79% | View data |
| 9 | 9 Belgium | 1.43 | 2023 | +2.44% | +2.26% | View data |
| 10 | 10 Austria | 0.68 | 2023 | -1.91% | -3.02% | View data |
