New Vehicles Registrations in Nigeria

Nigeria Vehicle Registration at 3,440 Units 2023, from 5,250 Units 2022, was down by 27.4% per year. Since 2010, the market grew 0.4% year on year to 97,777,000 Units. The country ranked number 110 in 2023, Albania overtook 3,440 Units. Canada, China and Austria respectively were numbers 2, 3 and 4 in this ranking.

How does Nigeria 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
111 111 Macedonia 3,610 2023 -5.05% -3.86% View data
112 112 Albania 3,510 2023 +3.02% +7.49% View data
113 113 Nigeria 3,440 2023 -34.43% -27.35%
114 114 Zambia 3,370 2023 -0.12% -2.43% View data
115 115 Azerbaijan 2,920 2023 -17.3% -6.09% View data

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