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New vehicles registrations in South Korea goes down in 2017

The variable slightly diminished by 1.33% in comparison with the prior year, according to adjusted data released by OICA. Vehicle registration dropped negligibly by 24 245, as it follows the tendency of the previous year when it went down by 0.59 percent. The overall changes for the prior 13 years attained a raise of 57.07%. Moreover, it has attained the CAGR of 0.03 percent over the 5 years with a modest overall increase since the 2005. It averaged 1 507 664.92 from 2005 to 2017 and it hit its all-time high of 1 833 786 in 2015 and record low of 1 145 230 in 2005.

New vehicles registrations in South Korea goes down in 2017
Date Number Variation
2017 1 798 796.00 -1.33
2016 1 823 041.00 -0.59
2015 1 833 786.00 10.34
2014 1 661 868.00 7.66
2013 1 543 564.00 0.75
2012 1 532 087.00 -3.42
2011 1 586 405.00 4.96
2010 1 511 373.00 3.39
2009 1 461 865.00 17.32
2008 1 246 086.00 -2.54

Related Statistics

Vehicle Registration in other Countries

Main Motor Vehicle Indicators

  • Vehicle Import

    Import of vehicles, usually measured in volume (million units) or value (million or billion US Dollars or other currency). This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Vehicle Export

    Export of vehicles, usually measured in volume (million units) or value (million or billion US Dollars or other currency). This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Vehicle Production

    Number of manufactured vehicles, usually measured in thousands or millions of vehicles. This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Vehicle Registration

    Number of commercial vehicles newly (first-time) registered to authorities. This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Truck Import

  • Truck Export

  • Motorcycle Import

  • Motorcycle Export

  • Bus Import