Key Market Indicators
Bahrain's vehicle registration is projected to decline to approximately 26,000 units by 2028, down from around 30,000 units in 2023. This represents a 2% annual decrease in the compound annual growth rate (CAGR). Since 2010, the Bahraini vehicle market has experienced an average annual decline of nearly 4%. In 2023, Bahrain ranked 73rd globally in vehicle registrations, with Paraguay surpassing it at a similar figure of around 30,000 units. In the international ranking, Canada, China, and Austria secured the second, third, and fourth positions respectively.
