Key Market Indicators
Car registration in Indonesia is projected to reach over 540,000 units by 2026, a 1.3% drop from 2021. Since 2010, the demand for cars in Indonesia has declined by an average of 10.4% each year. Meanwhile, car production in the country is expected to reach 840,000 units by 2026, a 0.7% growth from 2021. Since 2002, the supply of cars in Indonesia has fallen by 6.9% each year. In 2021, Indonesia ranked 16th, with Iran ahead of it at 678,360 units. Japan, Germany and South Korea took the top 3 spots in the ranking.