In October, vehicle registrations in Croatia grew by 20.87% with respect to October of 2015. In total, 50,325 cars were registered and 50,325 new cars were sold in the last twelve months, 20.87% more than the year before.
The breakdown of car sales figures for the month of October is:
- Commercial vehicles sold: 9,497, 29.97% more than in October of 2015.
- Passenger cars regitrations: 2,843, which represents a figure of 17.92% more than in October of 2015.
Croatia is the 30th-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 Croatians 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 11.92 cars per 1,000 residents, 11.92 of them in the last month, Croatia, occupies one of the final places in the ranking, meaning that its population is among those in the table with the least spending power.
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.
Here we show you the progression of vehicle registrations in Croatia. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Croatia in en Croatian economy.