Belgium - First Registrations of New Road Vehicles
Since 2014, Belgium First Registrations of New Road Vehicles was up 3.7% year on year. With 1.22 Units (Registrations) Per Million USD GDP in 2019, the country was number 12 among other countries in First Registrations of New Road Vehicles. Belgium is overtaken by Hungary, which was number 11 with 1.23 Units (Registrations) Per Million USD GDP and is followed by Spain at 1.15 Units (Registrations) Per Million USD GDP. Montenegro lead the ranking with 4.61 Units (Registrations) Per Million USD GDP in 2019, a growth of 3.9% compared to 2018. Lithuania, Georgia and Macedonia respectively ranked number 2, 3 and 4 in this ranking. Russia witnessed the best average annual 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 | 1.22 |
| 2018 | 1.18 |
| 2017 | 1.26 |
| 2016 | 1.30 |
| 2015 | 1.24 |
How does Belgium 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 | |
| 11 |
#11
Hungary
|
1 | 2019 | +11.3 % | +12.4 % | View data | |
| 12 |
#12
Belgium
|
1 | 2019 | +3.2 % | +3.6 % | View data | |
| 13 |
#13
Spain
|
1 | 2019 | -1.6 % | +8.8 % | View data | |