In May, vehicle registrations in Estonia grew by 44.92% with respect to May of 2005. In total, 3,294 cars were registered and 25,991 new cars were sold in the last twelve months, 28.09% more than the year before.
The breakdown of car sales figures for the month of May is:
- Commercial vehicles sold: 479, 40.88% more than in May of 2005.
- Passenger cars regitrations: 2,815, which represents a figure of 45.63% more than in May of 2005.
Estonia is the 67th-placed country in ranking of 132 countries based on number of vehicle registrations.
A very useful variable for estimating the level of economic wealth enjoyed by Estonians 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 19.24 cars per 1,000 residents, 2.44 of them in the last month, Estonia, occupies 38th 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.
Here we show you the progression of vehicle registrations in Estonia. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Estonia in en Estonian economy.