Turkey - First Registrations of New Road Vehicles
Since 2014, Turkey First Registrations of New Road Vehicles fell by 5.3% year on year. In 2019, the country was number 35 among other countries in First Registrations of New Road Vehicles at 0.63 Units (Registrations) Per Million USD GDP. Turkey is overtaken by Latvia, which was ranked number 34 with 0.66 Units (Registrations) Per Million USD GDP and is followed by Romania at 0.62 Units (Registrations) Per Million USD GDP. Montenegro topped the ranking with 4.61 Units (Registrations) Per Million USD GDP in 2019, that is a growth of 3.9% compared to 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 | 0.63 |
| 2018 | 0.88 |
| 2017 | 1.15 |
| 2016 | 1.12 |
| 2015 | 1.16 |
How does Turkey 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 | |
| 34 |
#34
Latvia
|
1 | 2019 | +5.7 % | +4.7 % | View data | |
| 35 |
#35
Turkey
|
1 | 2019 | -28.3 % | -5.3 % | View data | |
| 36 |
#36
Romania
|
1 | 2019 | -14.6 % | +5.5 % | View data | |