In March, vehicle registrations in Poland fell by 4.77% with respect to March of 2005. In total, 26,582 cars were registered and 276,851 new cars were sold in the last twelve months, 17.21% less than the year before.
The breakdown of car sales figures for the month of March is:
- Commercial vehicles sold: 4,956, 24.18% more than in March of 2005.
- Passenger cars regitrations: 21,626, which represents a figure of 9.6% less than in March of 2005.
Poland is the 31th-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 Poles 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 7.26 cars per 1,000 residents, 0.7 of them in the last month, Poland, 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.
Here we show you the progression of vehicle registrations in Poland. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Poland in en Polish economy.