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Vehicles production in South Korea: Fall in 2017

Vehicle production declined barely by 2.69% in comparison with the previous year, according to numbers released by OICA. Vehicle production hardly fell from 4 228 509 to 4 114 913, as it follows the tendency of the prior year when it diminished by 7.19%. The overall changes for the previous 21 years attained a raise of 46.01%. Still it has attained a decrease at a 0.02% compound annual growth rate during the 5 years with a slight overall increase since the start of observations. It averaged 3 708 277.95 from 1997 to 2017 and it reached its all-time high of 4 657 094 in 2011 and record low of 1 954 494 in 1998.

Vehicles production in South Korea: Fall in 2017
Date Number Variation
2017 4 114 913.00 -2.69
2016 4 228 509.00 -7.19
2015 4 555 957.00 0.69
2014 4 524 932.00 0.08
2013 4 521 429.00 -0.88
2012 4 561 766.00 -2.05
2011 4 657 094.00 9.02
2010 4 271 741.00 21.6
2009 3 512 926.00 -8.2
2008 3 826 682.00 -6.35

Related Statistics

Vehicle Production 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 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.

  • Car Sales

    Sales of passenger cars, usually measured in volume (million units) or value (million or billion US Dollars or other currency). Passenger cars refer to motor vehicles other than two-wheelers, intended for the carriage of passengers and designed to seat no more than nine people (including the driver). Based on: European Environment Agency.

  • Car In Use

    Number of registered passenger cars on the road. Passenger cars refer to motor vehicles other than two-wheelers, intended for the carriage of passengers and designed to seat no more than nine people (including the driver). Based on: International Organization of Motor Vehicle Manufacturers.

  • Car Registration

    Number of newly (first-time) registered passenger cars (private cars). Data can be presented in terms of growth or units. Based on: Organisation of Economic Co-operation and Development.

  • 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.

  • Car Production

    Number of manufactured passenger cars, usually measured in thousands or millions of vehicles. Passenger cars refer to motor vehicles other than two-wheelers, intended for the carriage of passengers and designed to seat no more than nine people (including the driver). Based on: European Environment Agency.

  • Car Ownership

    Number of cars per 1,000 inhabitants. Passenger cars refer to motor vehicles other than two-wheelers, intended for the carriage of passengers and designed to seat no more than nine people (including the driver). Based on: European Environment Agency.

  • Car Import

    Imports of passenger cars, usually measured in volume (million units) or value (million or billion US Dollars or other currency). Passenger cars refer to motor vehicles other than two-wheelers, intended for the carriage of passengers and designed to seat no more than nine people (including the driver). Based on: International Organization of Motor Vehicle Manufacturers.