Latvia - First Registrations of New Vehicles

Since 2014, Latvia First Registrations of New Vehicles jumped by 6.4% year on year. In 2019, the country was ranked number 43 comparing other countries in First Registrations of New Vehicles with 22,612 Registrations. Latvia is overtaken by Estonia, which was number 42 with 33,077 Registrations and is followed by Montenegro at 21,960 Registrations. Russia topped the ranking with 5,188,000 Registrations in 2019, that is a growth of 29.9% versus 2018. Japan, Germany and Belarus respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +16% per year, while Portugal was the worst growing country at -24.3% per year.

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Date Units (Registrations)
2019 22,612.00
2018 21,524.00
2017 21,154.00
2016 20,830.00
2015 18,008.00
Download all data from 1994 to 2019

How does Latvia rank in First Registrations of New Vehicles?

# 48 Countries Units (Registrations) Last YoY 5‑years CAGR
1 #1
Russia
5,188,000 2019 +29.9 % +15.3 % View data
2 #2
Japan
5,107,765 2019 -1.4 % -1.4 % View data
42 #42
Estonia
33,077 2019 +2.0 % +5.6 % View data
43 #43
Latvia
22,612 2019 +5.0 % +6.4 % View data
44 #44
Montenegro
21,960 2019 +4.5 % +8.8 % View data
Compare all 48 countries

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