In 2023, France led the European market in environmentally related tax revenue from transport in manufacturing, followed by the United Kingdom and Italy. Overall, most countries showed a small decline, with France experiencing a 2.19% decrease and Italy a 2.95% decrease. Interestingly, Ireland and Austria experienced slight growth at 0.88% and 0.91%, respectively. Belgium saw a significant drop of 5.51%, while Sweden increased by 2.17%, showing contrasting trends across nations. Over five years, moderate changes prevailed, highlighting the evolving focus on sustainability in taxation strategies.
Looking ahead, the European Union’s continued focus on achieving climate targets could result in increasing tax rates and reform in environmentally related taxes. The pressure on manufacturers to adopt green technologies and lower carbon emissions may also influence future tax policies and revenue, leading to potential fluctuations in tax income across countries.
Top countries in Environmentally Related Tax Revenue from Taxes on Transport in Manufacturing by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 913.96 | 2023 | +0.29% | -2.19% | View data |
| 2 | 2 United Kingdom | 436.61 | 2023 | -0.59% | -0.66% | View data |
| 3 | 3 Italy | 381.72 | 2023 | -0.91% | -2.95% | View data |
| 4 | 4 Ireland | 208.35 | 2023 | +7.26% | +0.88% | View data |
| 5 | 5 Austria | 156.58 | 2023 | +1.26% | +0.91% | View data |
| 6 | 6 Switzerland | 119.4 | 2023 | +0.93% | -0.072% | View data |
| 7 | 7 Finland | 60.68 | 2023 | +2.55% | +1.07% | View data |
| 8 | 8 Portugal | 57.76 | 2023 | +2.06% | +0.29% | View data |
| 9 | 9 Belgium | 56.51 | 2023 | -4.73% | -5.51% | View data |
| 10 | 10 Denmark | 50.92 | 2023 | +0.44% | -0.33% | View data |
