Key Market Indicators
Salvadoran vehicle registrations are projected to decline to 6,100 units by 2028, down from approximately 7,400 units in 2023. This represents an average annual decrease of 2.9%. Since 2010, the Salvadoran automotive market has experienced a consistent downturn, averaging a 4.7% decrease each year. In the global rankings for 2023, El Salvador occupied the 97th position, with Jamaica surpassing it at around 7,400 units. Leading the rankings, Canada, China, and Austria held the second, third, and fourth positions, respectively.
