Key Market Indicators
Iraqi car registrations are projected to climb to 52,700 units by 2028, up from 47,800 units in 2023. This represents an average annual growth rate of 1.6%. Since 2010, the demand for car registrations in Iraq has seen an average yearly increase of 8.2%. In 2023, Iraq ranked 63rd globally in car registrations, with Lithuania surpassing it at 47,800 units. Leading the global ranking were Indonesia, Austria, and Belgium, holding the second, third, and fourth positions, respectively.
