Azerbaijan - First Registrations of New Road Vehicles
Since 2014, Azerbaijan First Registrations of New Road Vehicles rose 7.8% year on year. In 2019, the country was number 25 among other countries in First Registrations of New Road Vehicles with 0.87 Units (Registrations) Per Million USD GDP. Azerbaijan is overtaken by South Korea, which was number 24 at 0.92 Units (Registrations) Per Million USD GDP and is followed by United Kingdom at 0.86 Units (Registrations) Per Million USD GDP. Montenegro lead the ranking with 4.61 Units (Registrations) Per Million USD GDP in 2019, that is +3.9% compared to 2018. Lithuania, Georgia and Macedonia respectively ranked number 2, 3 and 4 in this ranking. Russia recorded the best 5 years average growth at +19.8% per year, while Bulgaria witnessed the worst performance at -17.2% per year.
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| Date | Units (Registrations) Per Million USD GDP |
|---|---|
| 2019 | 0.87 |
| 2018 | 0.51 |
| 2017 | 0.21 |
| 2016 | 0.17 |
| 2015 | 0.45 |
How does Azerbaijan rank in First Registrations of New Road Vehicles?
| # | 45 Countries | Units (Registrations) Per Million USD GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Montenegro
|
5 | 2019 | +3.9 % | +8.1 % | View data | |
| 2 |
#2
Lithuania
|
4 | 2019 | -8.3 % | +3.9 % | View data | |
| 24 |
#24
South Korea
|
1 | 2019 | +3.8 % | -1.0 % | View data | |
| 25 |
#25
Azerbaijan
|
1 | 2019 | +71.2 % | +7.8 % | View data | |
| 26 |
#26
United Kingdom
|
1 | 2019 | +3.4 % | +1.3 % | View data | |