The United States leads in global ownership of goods road motor vehicles, with a significant margin over other countries, reporting 517.4 units per thousand persons in 2023. In Europe, Finland and Estonia showed strong year-on-year growth of 2.95% and 3.04% respectively, with Belgium and Romania also presenting substantial increases of 1.99% and 3.52%. Slovenia registered the highest growth rate at 4.2%. Macedonia and Israel experienced declines in motor vehicle ownership by 3.12% and 2.59% respectively. Over the last five years, consistent growth is observed in most countries except for a slight contraction in a few.
Future trends to watch include the increasing adoption of electric and autonomous vehicles, which may affect overall ownership rates. Additionally, regulatory changes and environmental policies are likely to impact vehicle ownership patterns. Countries with strong growth rates may continue to invest in infrastructure and sustainability initiatives to maintain momentum.
Top countries in Ownership of Goods Road Motor Vehicles by Country
| # | 10 Countries | Units Per Thousand Persons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 517.4 | 2023 | +1.61% | +1.82% | View data |
| 2 | 2 New Zealand | 140.15 | 2023 | +1.24% | +1.01% | View data |
| 3 | 3 Finland | 131.46 | 2023 | +2.73% | +2.95% | View data |
| 4 | 4 Japan | 115.97 | 2023 | +0.27% | +0.25% | View data |
| 5 | 5 Spain | 112.8 | 2023 | +0.31% | +0.28% | View data |
| 6 | 6 Estonia | 106.87 | 2023 | +2.29% | +3.04% | View data |
| 7 | 7 Malta | 99.2 | 2023 | -0.28% | -0.31% | View data |
| 8 | 8 Italy | 88.79 | 2023 | +0.72% | +1.21% | View data |
| 9 | 9 Belgium | 82.68 | 2023 | +1.59% | +1.99% | View data |
| 10 | 10 Luxembourg | 77.95 | 2023 | +1.81% | +1.87% | View data |
