Madagascar Vehicle Registration is set to reach 1,610 Units by 2028 from 1,780 Units 2023, decreased by 2.3% per year. Since 2010, the market rose 0.4% year on year close to 97,777,000 Units. The country came in number 115 in 2023, Nicaragua overtook 1,780 Units. Canada, China and Austria respectively ranked numbers 2, 3 and 4 in this ranking.
How does Madagascar 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 |
| 116 | 116 Cameroon | 2,880 | 2023 | -1.77% | -1.32% | View data |
| 117 | 117 Nicaragua | 2,740 | 2023 | -14.28% | -25.32% | View data |
| 118 | 118 Madagascar | 1,780 | 2023 | -1.77% | -2.27% | |
| 119 | 119 Uganda | 1,750 | 2023 | -6.91% | -1.45% | View data |
| 120 | 120 Gabon | 1,710 | 2023 | -7.48% | -3.23% | View data |
