South Korea - Ownership of Passenger Cars
Since 2014, South Korea Ownership of Passenger Cars increased 4.2% year on year. At 365.75 Units Per Thousand Persons in 2019, the country was ranked number 35 among other countries in Ownership of Passenger Cars. South Korea is overtaken by Latvia, which was ranked number 34 at 368.3 Units Per Thousand Persons and is followed by Israel at 340.82 Units Per Thousand Persons. Iceland topped 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 witnessed the worst performance at -1.8% per year.
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| Date | Units Per Thousand Persons |
|---|---|
| 2019 | 365.75 |
| 2018 | 361.91 |
| 2017 | 337.57 |
| 2016 | 323.36 |
| 2015 | 308.68 |
How does South Korea 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 | |
| 34 |
#34
Latvia
|
368 | 2019 | +0.3 % | +2.2 % | View data | |
| 35 |
#35
South Korea
|
366 | 2019 | +1.1 % | +4.2 % | View data | |
| 36 |
#36
Israel
|
341 | 2019 | +1.6 % | +2.5 % | View data | |