Hungary - First Registrations of New Road Vehicles
Since 2014, Hungary First Registrations of New Road Vehicles increased 12.4% year on year. With 1.23 Units (Registrations) Per Million USD GDP in 2019, the country was number 11 among other countries in First Registrations of New Road Vehicles. Hungary is overtaken by Chile, which was number 10 at 1.47 Units (Registrations) Per Million USD GDP and is followed by Belgium at 1.22 Units (Registrations) Per Million USD GDP. Montenegro topped the ranking with 4.61 Units (Registrations) Per Million USD GDP in 2019, an increase 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 recorded the worst performance at -17.2% per year.
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| Date | Units (Registrations) Per Million USD GDP |
|---|---|
| 2019 | 1.23 |
| 2018 | 1.10 |
| 2017 | 1.06 |
| 2016 | 1.02 |
| 2015 | 0.86 |
How does Hungary 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 | |
| 10 |
#10
Chile
|
1 | 2019 | -4.8 % | +0.7 % | View data | |
| 11 |
#11
Hungary
|
1 | 2019 | +11.3 % | +12.4 % | View data | |
| 12 |
#12
Belgium
|
1 | 2019 | +3.2 % | +3.6 % | View data | |