In October, vehicle registrations in Slovenia fell by 23.5% with respect to October of 2019. In total, 5,526 cars were registered and 67,919 new cars were sold in the last twelve months, 14.77% less than the year before.
The breakdown of car sales figures for the month of October is:
- Commercial vehicles sold: 977, 28.63% less than in October of 2019.
- Passenger cars regitrations: 4,549, which represents a figure of 22.31% less than in October of 2019.
Slovenia is the 60th-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 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 32.41 cars per 1,000 residents, 2.64 of them in the last month, Slovenia, occupies 12th 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 Slovene 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 2010, as 66,553 were produced that year although there has been a drop in the number of registrations per thousand residents, which that year numbered 32.51.
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.