Latvia - First Registrations of New Road Vehicles

Since 2014, Latvia First Registrations of New Road Vehicles was up 4.7% year on year. With 0.66 Units (Registrations) Per Million USD GDP in 2019, the country was ranked number 34 among other countries in First Registrations of New Road Vehicles. Latvia is overtaken by Israel, which was number 33 with 0.69 Units (Registrations) Per Million USD GDP and is followed by Turkey at 0.63 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% versus 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 0.66
2018 0.63
2017 0.70
2016 0.75
2015 0.66
Download all data from 1994 to 2019

How does Latvia 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
33 #33
Israel
1 2019 -9.1 % -3.2 % View data
34 #34
Latvia
1 2019 +5.7 % +4.7 % View data
35 #35
Turkey
1 2019 -28.3 % -5.3 % View data
Compare all 45 countries

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