In February, vehicle registrations in Austria grew by 7.68% with respect to February of 2016. In total, 380,100 cars were registered and 380,100 new cars were sold in the last twelve months, 7.68% more than the year before.
The breakdown of car sales figures for the month of February is:
- Commercial vehicles sold: 45,347, 8.01% more than in February of 2016.
- Passenger cars regitrations: 25,311, which represents a figure of 12.52% more than in February of 2016.
Austria is the 16th-placed country in ranking of 36 countries based on number of vehicle registrations.
A very useful variable for estimating the level of economic wealth enjoyed by Austrians residents, when compared to the other countries in the ranking, is the number of vehicles sold or registered per thousand residents in the last year. With annual sales of 43.74 cars per 1,000 residents, 43.74 of them in the last month, Austria, occupies 11th place in the ranking.
As can be seen, the number of registrations per thousand residents has grown in the last year. The increase in this figure is positive, as it generally indicates improved public confidence in the country's economy.
Changes in Austrian vehicle registration numbers are shown in the tables below. As several studies indicate, these changes are very much related to changes in GDP and, hence, to a country's economic situation. Sales have grown since 2007, as 348,129 were produced that year as have the number of registrations per thousand residents, which that year numbered 42.03.
Here we show you the progression of vehicle registrations in Austria. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Austria in en Austrian economy.