Latvia - First Registrations of Brand New Goods Vehicles
Since 2014, Latvia First Registrations of Brand New Goods Vehicles was up 0.6% year on year. In 2019, the country was ranked number 23 comparing other countries in First Registrations of Brand New Goods Vehicles at 0.12 Units (Registrations) Per Million USD GDP. Latvia is overtaken by Sweden, which was ranked number 22 at 0.12 Units (Registrations) Per Million USD GDP and is followed by Czech Republic at 0.12 Units (Registrations) Per Million USD GDP. Moldova topped the ranking with 0.53 Units (Registrations) Per Million USD GDP in 2019, an increase of 2.9% versus 2018. Montenegro, Chile and Lithuania respectively ranked number 2, 3 and 4 in this ranking. Russia recorded the best 5 years average growth at +21.7% per year, while Turkey witnessed the worst performance at -10% per year.
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| Date | Units (Registrations) Per Million USD GDP |
|---|---|
| 2019 | 0.12 |
| 2018 | 0.13 |
| 2017 | 0.14 |
| 2016 | 0.15 |
| 2015 | 0.14 |
How does Latvia rank in First Registrations of Brand New Goods Vehicles?
| # | 45 Countries | Units (Registrations) Per Million USD GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Moldova
|
1 | 2019 | +2.9 % | -1.9 % | View data | |
| 2 |
#2
Montenegro
|
1 | 2019 | +3.8 % | +12.1 % | View data | |
| 22 |
#22
Sweden
|
0 | 2019 | +0.4 % | +7.3 % | View data | |
| 23 |
#23
Latvia
|
0 | 2019 | -5.4 % | +0.6 % | View data | |
| 24 |
#24
Czech Republic
|
0 | 2019 | -0.2 % | +2.5 % | View data | |