In September, vehicle registrations in Portugal grew by 14.59% with respect to September of 2015. In total, 238,095 cars were registered and 238,095 new cars were sold in the last twelve months, 14.59% more than the year before.
The breakdown of car sales figures for the month of September is:
- Commercial vehicles sold: 39,061, 14.38% more than in September of 2015.
- Passenger cars regitrations: 13,965, which represents a figure of 10.61% more than in September of 2015.
Portugal is the 20th-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 Portuguese 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 23.01 cars per 1,000 residents, 23.01 of them in the last month, Portugal, occupies 22th 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 Portuguese 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 declined since 2006, as 268,300 were registered that year, as have the number of registrations per thousand residents, which that year numbered 25.52.
Here we show you the progression of vehicle registrations in Portugal. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Portugal in en Portuguese economy.