Hungary Hungary - New motor vehicle registrations

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Vehicle registrations - Hungary. October of 2022

Hungarians passenger car registrations fall in October

In October, vehicle registrations in Hungary fell by 9.6% with respect to October of 2021. In total, 10,119 cars were registered and 137,409 new cars were sold in the last twelve months, 13.52% less than the year before.

The breakdown of car sales figures for the month of October is:

  • Commercial vehicles sold: 1,859, 9.89% less than in October of 2021.
  • Passenger cars regitrations: 8,260, which represents a figure of 9.54% less than in October of 2021.

Hungary is the 43th-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 Hungarians 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 14.18 cars per 1,000 residents, 1.04 of them in the last month, Hungary, occupies 39th place in the ranking.

As can be seen, the number of registrations per thousand residents has fallen in the last year. A drop in registrations generally indicates a fall in consumer confidence and, when it is sustained, a recession in the real economy.

Changes in Hungarian 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 grown since 2012, as 67,436 were produced that year as have the number of registrations per thousand residents, which that year numbered 6.79.

Here we show you the progression of vehicle registrations in Hungary. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Hungary in en Hungarian economy.

Hungary - New motor vehicle registrations
DateCommercial vehicles MonthPassengers vehicles MonthMonthly vehicle salesMonthly Vehicles/ 1,000 p.Commercial vehicles YearPassengers vehicles YearAnnual vehicle salesAnnual Vehicles/ 1,000 p.
October 20221,8598,26010,1191.0425,137112,272137,40914.18
September 20222,0299,42211,4511.1825,341113,143138,48414.29
August 20222,0649,98712,0511.2425,433113,245138,67814.31
July 20222,0238,95510,9781.1325,714112,902138,61614.31
June 20222,3919,49311,8841.2325,994114,515140,50914.50
May 20222,37210,14112,5131.2926,247116,383142,63014.72
April 20221,9749,09011,0641.1426,378116,937143,31514.79
March 20222,09411,15013,2441.3727,101118,368145,46915.01
February 20222,0529,44911,5011.1927,514119,652147,16615.19
January 20221,4418,0889,5290.9827,785121,095148,88015.37
December 20212,6988,74211,4401.1828,468121,874150,34215.52
November 20212,1409,49511,6351.2028,672125,845154,51715.88
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Hungary - New motor vehicle registrations
Hungary - New motor vehicle registrations