Latvia Latvia - New motor vehicle registrations

Subscribe to our free email alert service

Vehicle registrations - Latvia. November of 2021

More November passenger car were sold in Latvia

In November, vehicle registrations in Latvia fell by 23.12% with respect to November of 2020. In total, 1,184 cars were registered and 18,601 new cars were sold in the last twelve months, 9.37% more than the year before.

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

  • Commercial vehicles sold: 331, 8.17% more than in November of 2020.
  • Passenger cars regitrations: 853, which represents a figure of 30.88% less than in November of 2020.

Latvia is the 85th-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 9.83 cars per 1,000 residents, 0.63 of them in the last month, Latvia, occupies 55th 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 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 grown since 2011, as 13,896 were produced that year as have the number of registrations per thousand residents, which that year numbered 6.7.

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.
November 20213318531,1840.634,14814,45318,6019.83
October 20213488731,2210.644,12314,83418,95710.01
September 20213561,1011,4570.774,11515,07119,18610.13
August 20213481,2721,6200.864,01915,19919,21810.15
July 20214191,5601,9791.053,93115,04018,97110.02
June 20214151,4691,8841.003,76214,97918,7419.90
May 20214091,3771,7860.943,53614,78218,3189.68
April 20213081,3961,7040.903,33414,14917,4839.23
March 20214121,3751,7870.943,21413,43616,6508.79
February 20213031,0781,3810.733,00313,12816,1318.52
January 20212769891,2650.672,93813,36916,3078.61
December 20202231,1101,3330.702,90913,86416,7738.86
< 2020 2022 >
Latvia - New motor vehicle registrations
Latvia - New motor vehicle registrations