New Vehicles Registrations in Philippines

The Philippines Vehicle Registration is set to reach 498,770 Units by 2028 from 436,310 Units 2023, was up 1.7% per year. Since 2010, the market was up 0.4% year on year close to 97,777,000 Units. The country ranked number 42 in 2023, the Netherlands came ahead 436,310 Units. Canada, China and Austria respectively came in numbers 2, 3 and 4 in this ranking.

How does the Philippines 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
41 41 Taiwan 483,770 2023 +7.89% +15.58% View data
42 42 Netherlands 456,260 2023 +16.91% -3.29% View data
43 43 Philippines 436,310 2023 +20.34% +1.68%
44 44 Sweden 421,650 2023 +19.41% +0.17% View data
45 45 Chile 407,740 2023 +4.97% -0.47% View data

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