In May, vehicle registrations in Czechia grew by 2.44% with respect to May of 2013. In total, 17,174 cars were registered and 196,690 new cars were sold in the last twelve months, 7.36% more than the year before.
The breakdown of car sales figures for the month of May is:
- Commercial vehicles sold: 1,778, 8.54% less than in May of 2013.
- Passenger cars regitrations: 15,396, which represents a figure of 3.88% more than in May of 2013.
Czechia is the 42th-placed country in ranking of 135 countries based on number of vehicle registrations.
A very useful variable for estimating the level of economic wealth enjoyed by Czechs 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 18.71 cars per 1,000 residents, 1.63 of them in the last month, Czechia, occupies 37th 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 Czech 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 2004, as 166,469 were produced that year as have the number of registrations per thousand residents, which that year numbered 16.33.
Here we show you the progression of vehicle registrations in Czechia. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Czechia in en Czech economy.