Key Market Indicators
Turkmenistan's car registration is projected to climb to approximately 5,770 units by 2028, up from around 5,440 units in 2023. This marks an average annual growth rate of 1%. Since 2010, the country's demand for car registrations has seen a year-on-year increase of 1.3%. In 2023, Turkmenistan ranked 99th globally in car registrations, with Guyana surpassing it with a similar figure of 5,440 units. Topping the list, Indonesia, Austria, and Belgium secured the second, third, and fourth positions, respectively, in the global ranking for car registrations.
