As of 2023, passenger car ownership in Belgium stood at 512 vehicles. In 2024, the forecasted value is 514, indicating a modest increase. Year-on-year variations show slight growth: 0.39% between 2024 and 2025, 0.19% from 2025 to 2026, 0.19% from 2026 to 2027, and 0.19% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is approximately 0.27%.

Future trends to watch for:

Adoption of electric and hybrid vehicles which may influence car ownership numbers.
Policy changes and regulations targeting carbon emissions and car usage.
Changing mobility preferences, such as increased use of car-sharing and public transportation solutions.