In August, vehicle registrations in Greece grew by 11.84% with respect to August of 2008. In total, 24,196 cars were registered and 248,020 new cars were sold in the last twelve months, 18.82% less than the year before.
The breakdown of car sales figures for the month of August is:
- Commercial vehicles sold: 1,351, 25.56% less than in August of 2008.
- Passenger cars regitrations: 22,845, which represents a figure of 15.27% more than in August of 2008.
Greece is the 32th-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 Greeks 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 22.35 cars per 1,000 residents, 2.18 of them in the last month, Greece, occupies 29th 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 Greek 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 1999, as 257,951 were registered that year, as have the number of registrations per thousand residents, which that year numbered 24.
Here we show you the progression of vehicle registrations in Greece. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Greece in en Greek economy.