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 |