In December, vehicle registrations in Belgium grew by 38.65% with respect to December of 2002. In total, 29,469 cars were registered and 521,159 new cars were sold in the last twelve months, 1.26% less than the year before.
The breakdown of car sales figures for the month of December is:
- Commercial vehicles sold: 3,212, 3.51% more than in December of 2002.
- Passenger cars regitrations: 26,257, which represents a figure of 44.66% more than in December of 2002.
Belgium is the 11th-placed country in ranking of 23 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 50.13 cars per 1,000 residents, 2.83 of them in the last month, Belgium, occupies 4th 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.
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.