New Vehicles Registrations in Iceland

Iceland Vehicle Registration is set to reach 15,940 Units by 2028 from 15,810 Units 2023, fell by 4.6% per year. Since 2010, the market rose 0.4% year on year reaching 97,777,000 Units. The country came in number 84 in 2023, Latvia overtook 15,810 Units. Canada, China and Austria respectively were numbers 2, 3 and 4 in this ranking.

How does Iceland rank in New Vehicles Registrations?

# 131 Countries Units Last Year YoY 5-years CAGR
1 1 Australia 48,060,000 2023 +5.92% +112.03% View data
2 2 Canada 30,481,000 2023 +16.1% +71.74% View data
3 3 China 29,384,000 2023 +29.94% +0.91% View data
4 4 Austria 28,801,000 2023 +25.9% +135.96% View data
5 5 Indonesia 27,551,000 2023 +2.36% +88.66% View data
84 84 Latvia 20,250 2023 +0.9% +0.94% View data
85 85 Martinique 18,550 2023
86 86 Iceland 15,810 2023 +0.22% -4.55%
87 87 Trinidad and Tobago 14,180 2023 -0.44% +1.26% View data
88 88 Cyprus 13,690 2023 -1.11% -1.59% View data

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