Forecast: Household Expenditure on Purchase of Vehicles in Germany

In 2023, the household expenditure on vehicle purchases in Germany was crucial data, setting the baseline for subsequent forecasts. Over the forecast period from 2024 to 2028, there is a consistent upward trend, with a yearly increase in per capita expenditure on vehicles. This growth ranges from a slight 0.9% rise from 2024 to 2025 and climbs steadily, culminating in an average annual growth rate (CAGR) highlighting a modest yet clear growth trajectory over these five years.

Future trends to watch for:

• The impact of economic shifts, including inflation or policy changes, on consumer spending power.
• Advancements in automotive technology, particularly electric vehicles, influencing purchase behaviors and expenditure.
• Potential shifts in mobility patterns, such as increased urbanization or a preference for shared vehicle models, affecting long-term expenditure dynamics.