In 2023, the UK leads Europe, generating significant revenue from environmental taxes in travel-related services at $55.72 million, followed by Germany and France. Germany and Norway saw over 3% growth, whereas France and Austria experienced declines. Smaller economies like the Netherlands and Ireland showcased notable growth rates above 7%, with Finland facing a significant dip, highlighting a potential shift in compliance or market dynamics.
Future trends may include increased revenue due to stricter environmental policies or wider adoption of sustainable travel practices. Watch for potential regulations impacting tax structures and incentives promoting ecological initiatives in tourism activities.
Top countries in Environmentally Related Tax Revenue from All Environmental Taxes in Travel Agency, Tour Operator Reservation Service and Related Activities Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 55.72 | 2023 | +1.64% | +1.65% | View data |
| 2 | 2 Germany | 27.96 | 2023 | +3.86% | +3.05% | View data |
| 3 | 3 France | 6.33 | 2023 | +1.72% | -2.51% | View data |
| 4 | 4 Norway | 4.29 | 2023 | +5.78% | +3.03% | View data |
| 5 | 5 Greece | 2.18 | 2023 | +2.16% | +1.41% | View data |
| 6 | 6 Portugal | 0.83 | 2023 | +2.66% | +0.42% | View data |
| 7 | 7 Netherlands | 0.69 | 2023 | +14.91% | +7.04% | View data |
| 8 | 8 Poland | 0.56 | 2023 | +1.7% | +0.7% | View data |
| 9 | 9 Austria | 0.45 | 2023 | -1.95% | -2.34% | View data |
| 10 | 10 Ireland | 0.44 | 2023 | +1.94% | +8.39% | View data |
