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New vehicles registrations in Panama declines in 2017

Vehicle registration dropped by 13.76 percent compared to the prior year, adjusted numbers from OICA illustrate. Vehicle registration went down from 57 700 in 2016 to 49 762 previous year, versus the prior year when it went up by 2.49%. Panama saw a growth of 99.05% in vehicle registration over the past 13 years. Furthermore, it has shown a raise at a 0.01 percent average annual growth rate during the 5 years with a slight overall increase since the 2005. It averaged 41 789.38 from 2005 to 2017 and it hit its all-time high of 57 700 in 2016 and record low of 25 000 in 2005.

New vehicles registrations in Panama declines in 2017
Date Number Variation
2017 49 762.00 -13.76
2016 57 700.00 2.49
2015 56 300.00 7.85
2014 52 200.00 8.07
2013 48 300.00 0.63
2012 48 000.00 9.09
2011 44 000.00 15.79
2010 38 000.00 15.15
2009 33 000.00 -5.71
2008 35 000.00 34.62

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