Macedonia - First Registrations of New Road Vehicles
Since 2014, Macedonia First Registrations of New Road Vehicles increased 3.8% year on year. At 3.43 Units (Registrations) Per Million USD GDP in 2019, the country was ranked number 4 comparing other countries in First Registrations of New Road Vehicles. Macedonia is overtaken by Georgia, which was ranked number 3 with 3.72 Units (Registrations) Per Million USD GDP and is followed by Moldova with 3.21 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. 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 | 3.43 |
| 2018 | 2.95 |
| 2017 | 2.71 |
| 2016 | 3.21 |
| 2015 | 3.22 |
How does Macedonia 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 |
| 3 |
#3
Georgia
|
4 | 2019 | -5.3 % | -6.1 % | View data |
| 4 |
#4
Macedonia
|
3 | 2019 | +16.5 % | +3.8 % | View data |
| 5 |
#5
Moldova
|
3 | 2019 | +12.0 % | +0.2 % | View data |