In 2023, the European Environmentally Related Tax Revenue in the sector showed varied performances across different countries. The Netherlands led with a significant $46.23 million, showing a modest increase of 3.35% despite an overall negative trend in sectors like Belgium and France, which saw decreases of 2.55% and 3.12% respectively. Conversely, Croatia and Cyprus achieved impressive growth with 11.23% and 9.44% increases in revenue.
For future trends, attention should focus on continued growth potential in emerging economies like Serbia and Cyprus. Additionally, examining regulatory changes and sustainable practices could significantly impact tax revenue trends in Europe's wholesale and retail trade sectors, influencing future forecasts.
Top countries in Environmentally Related Tax Revenue from Taxes on Resources in Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles Share by Country (Million US Dollars)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 46.23 | 2023 | +7.49% | +3.35% | View data |
| 2 | 2 France | 23.09 | 2023 | -0.32% | -3.12% | View data |
| 3 | 3 Croatia | 19.62 | 2023 | +3.73% | +11.23% | View data |
| 4 | 4 Serbia | 3.18 | 2023 | +3.89% | +5.2% | View data |
| 5 | 5 Cyprus | 1.85 | 2023 | +6.7% | +9.44% | View data |
| 6 | 6 Latvia | 1.35 | 2023 | +3.46% | +3.53% | View data |
| 7 | 7 Belgium | 1.03 | 2023 | +4.84% | -2.55% | View data |
| 8 | 8 Denmark | 0.56 | 2023 | +3.24% | +1.35% | View data |
| 9 | 9 Bulgaria | 0.058 | 2023 | +5.13% | -21.92% | View data |
