Key Market Indicators
Guyanese car registrations are projected to rise to approximately 6,200 units by 2028, marking a modest increase from about 5,800 units in 2023. This growth represents an average annual rate of 1.2%. Since 2010, the demand for car registrations in Guyana has been growing at an average annual rate of 1.4%, reflecting a steady upward trend. In the 2023 rankings, Guyana placed 98th, with Jamaica slightly ahead at around 5,800 units. Leading the global rankings were Indonesia, Austria, and Belgium, securing the second, third, and fourth positions, respectively.
