In December, vehicle registrations in Belgium grew by 14.85% with respect to December of 2021. In total, 29,532 cars were registered and 431,591 new cars were sold in the last twelve months, 6.95% less than the year before.
The breakdown of car sales figures for the month of December is:
- Commercial vehicles sold: 4,948, 7.29% less than in December of 2021.
- Passenger cars regitrations: 24,584, which represents a figure of 20.65% more than in December of 2021.
Belgium is the 24th-placed country in ranking of 137 countries based on number of vehicle registrations.
A very useful variable for estimating the level of economic wealth enjoyed by Belgians 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 37.11 cars per 1,000 residents, 2.54 of them in the last month, Belgium, occupies 7th place, so, compared to the other countries in the ranking, its population has a good standard of living.
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 Belgian 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 2012, as 553,489 were registered that year, as have the number of registrations per thousand residents, which that year numbered 49.69.
Here we show you the progression of vehicle registrations in Belgium. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Belgium in en Belgian economy.