South Korea - First Registrations of New Goods Vehicles

Since 2014, South Korea First Registrations of New Goods Vehicles grew 1% year on year. In 2019, the country was ranked number 6 comparing other countries in First Registrations of New Goods Vehicles at 242,298 Registrations. South Korea is overtaken by Australia, which was ranked number 5 with 289,331 Registrations and is followed by Spain at 220,851 Registrations. Japan topped the ranking with 826,043 Registrations in 2019, that is an increase of 2% versus 2018. Russia, Belarus and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +19.8% per year, while Italy witnessed the worst performance at -14.6% per year.

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Date Units (Registrations)
2019 242,298.00
2018 245,126.00
2017 243,978.00
2016 232,042.00
2015 239,422.00
Download all data from 1994 to 2019

How does South Korea rank in First Registrations of New Goods Vehicles?

# 47 Countries Units (Registrations) Last YoY 5‑years CAGR
1 #1
Japan
826,043 2019 +2.0 % +0.7 % View data
2 #2
Russia
429,989 2019 +69.8 % +17.1 % View data
5 #5
Australia
289,331 2019 +0.6 % +4.8 % View data
6 #6
South Korea
242,298 2019 -1.1 % +1.0 % View data
7 #7
Spain
220,851 2019 -3.6 % +9.9 % View data
Compare all 47 countries

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