Panama - New Vehicles Registrations

Since 2014, Panama New Vehicles Registrations decreased by 2.1% year on year. At 46,900 Units in 2019, the country was ranked number 69 among other countries in New Vehicles Registrations. Panama is overtaken by Lithuania, which was number 68 with 47,382 Units and is followed by Bulgaria with 43,767 Units. China topped the ranking with 25,768,676 Units in 2019, that is a decrease of 8.2% compared to 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Myanmar witnessed the best average annual growth at +64.5% per year, while Palestine was the worst growing country at -68.6% per year.

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Date Units
2019 46,900.00
2018 45,396.00
2017 54,768.00
2016 57,700.00
2015 56,300.00
Download all data from 2005 to 2019

How does Panama rank in New Vehicles Registrations?

# 142 Countries Units Last YoY 5‑years CAGR
1 #1
China
25,768,676 2019 -8.2 % +1.9 % View data
2 #2
United States
17,480,004 2019 -1.3 % +0.7 % View data
68 #68
Lithuania
47,382 2019 +30.6 % +20.0 % View data
69 #69
Panama
46,900 2019 +3.3 % -2.1 % View data
70 #70
Bulgaria
43,767 2019 +2.4 % +12.5 % View data
Compare all 142 countries

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