Latvia - First Registrations of New Passenger Cars

Since 2014, Latvia First Registrations of New Passenger Cars increased 7.5% year on year. At 18,529 Registrations in 2019, the country was number 45 among other countries in First Registrations of New Passenger Cars. Latvia is overtaken by Montenegro, which was number 44 at 19,527 Registrations and is followed by Serbia at 12,211 Registrations. United States ranked the highest with 5,563,610 Registrations in 2019, +4.9% versus 2018. Russia, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Hungary witnessed the best average annual growth at +17.8% per year, while Italy recorded the worst performance at -18% per year.

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Date Units (Registrations)
2019 18,529.00
2018 17,185.00
2017 17,055.00
2016 16,712.00
2015 14,130.00
Download all data from 1994 to 2019

How does Latvia rank in First Registrations of New Passenger Cars?

# 50 Countries Units (Registrations) Last YoY 5‑years CAGR
1 #1
United States
5,563,610 2019 +4.9 % -6.3 % View data
2 #2
Russia
4,758,011 2019 +27.2 % +15.1 % View data
44 #44
Montenegro
19,527 2019 +4.5 % +8.4 % View data
45 #45
Latvia
18,529 2019 +7.8 % +7.5 % View data
46 #46
Serbia
12,211 2019 -12.5 % +0.5 % View data
Compare all 50 countries

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