New Vehicles Registrations in Panama

Panama Vehicle Registration is set to reach 51,340 Units by 2028 from 49,400 Units 2023, rose 1.7% per year. Since 2010, the market jumped by 0.4% year on year attaining 97,777,000 Units. The country was number 66 in 2023, Tunisia came ahead 49,400 Units. Canada, China and Austria respectively came in numbers 2, 3 and 4 in this ranking.

How does Panama 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
65 65 Lithuania 52,400 2023 +4.1% +7.64% View data
66 66 Tunisia 51,910 2023 +0.58% +0.19% View data
67 67 Panama 49,400 2023 +0.81% +1.71%
68 68 Uruguay 42,880 2023 +0.04% -0.61% View data
69 69 Costa Rica 40,690 2023 +0.88% +0.58% View data

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