Latvia Latvia - New motor vehicle registrations

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Vehicle registrations - Latvia. January of 2019

Latvians passenger car registrations rise

In January, vehicle registrations in Latvia grew by 1.85% with respect to January of 2018. In total, 1,924 cars were registered and 21,078 new cars were sold in the last twelve months, 0.97% more than the year before.

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

  • Commercial vehicles sold: 384, 6.67% more than in January of 2018.
  • Passenger cars regitrations: 1,540, which represents a figure of 0.72% more than in January of 2018.

Latvia is the 82th-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 Latvians 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 10.98 cars per 1,000 residents, 1 of them in the last month, Latvia, occupies 53th 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 Latvian 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 2009, as 21,916 were registered that year, although there has been a rise in the number of registrations per thousand residents, which that year numbered 10.13.

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

Latvia - 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.
January 20193841,5401,9241.004,18816,89021,07810.98
December 20183371,0711,4080.734,16416,87921,04310.96
November 20183801,3411,7210.894,34017,10821,44811.09
October 20184271,3091,7360.904,40217,04521,44711.09
September 20183521,0781,4300.744,39017,14921,53911.13
August 20183551,6131,9681.024,37517,28221,65711.20
July 20182721,3971,6690.864,27317,13921,41211.07
June 20183841,7282,1121.094,27517,15021,42511.08
May 20183371,6922,0291.054,19917,01321,21210.97
April 20183411,4651,8060.934,18516,86221,04710.88
March 20183141,4021,7160.894,15116,81420,96510.84
February 20183051,2541,5590.814,16516,85921,02410.87
< 2018 2020 >
Latvia - New motor vehicle registrations
Latvia - New motor vehicle registrations