Key Market Indicators
Liberia's car registration numbers saw a significant drop in 2023, reaching only 22 units, a steep decline from the 36 units recorded in 2022. This represents a decrease of nearly 39% compared to the previous year. Analyzing the trend over a longer period, Liberia's demand for car registrations has fallen by approximately 23% year on year since 2010. In the global ranking for 2023, Liberia was positioned at number 128, with the Democratic Republic of the Congo surpassing it at 22 units. On the international stage, Indonesia, Austria, and Belgium secured the second, third, and fourth positions respectively in this ranking.
