Latvia - Ownership of Passenger Cars
Since 2014, Latvia Ownership of Passenger Cars was up 2.2% year on year. In 2019, the country was ranked number 34 comparing other countries in Ownership of Passenger Cars at 368.3 Units Per Thousand Persons. Latvia is overtaken by Hungary, which was ranked number 33 at 390.18 Units Per Thousand Persons and is followed by South Korea with 365.75 Units Per Thousand Persons. Iceland lead the ranking with 747.27 Units Per Thousand Persons in 2019, a fall of 1.3% versus 2018. Luxembourg, Italy and New Zealand respectively ranked number 2, 3 and 4 in this ranking. Romania witnessed the best average annual growth at +6.4% per year, while Kazakhstan was the worst growing country at -1.8% per year.
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| Date | Units Per Thousand Persons |
|---|---|
| 2019 | 368.30 |
| 2018 | 367.29 |
| 2017 | 355.02 |
| 2016 | 338.95 |
| 2015 | 343.38 |
How does Latvia rank in Ownership of Passenger Cars?
| # | 52 Countries | Units Per Thousand Persons | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Iceland
|
747 | 2019 | -1.3 % | +2.4 % | View data | |
| 2 |
#2
Luxembourg
|
670 | 2019 | +1.0 % | +0.5 % | View data | |
| 33 |
#33
Hungary
|
390 | 2019 | +4.7 % | +4.4 % | View data | |
| 34 |
#34
Latvia
|
368 | 2019 | +0.3 % | +2.2 % | View data | |
| 35 |
#35
South Korea
|
366 | 2019 | +1.1 % | +4.2 % | View data | |