In February, vehicle registrations in Slovenia fell by 25.47% with respect to February of 2008. In total, 5,328 cars were registered and 77,658 new cars were sold in the last twelve months, 4.29% less than the year before.
The breakdown of car sales figures for the month of February is:
- Commercial vehicles sold: 413, 55.83% less than in February of 2008.
- Passenger cars regitrations: 4,915, which represents a figure of 20.9% less than in February of 2008.
Slovenia is the 60th-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 Slovenes 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 38.21 cars per 1,000 residents, 2.62 of them in the last month, Slovenia, occupies 16th 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 Slovenia. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Slovenia in en Slovene economy.