New Vehicles Registrations in Nicaragua

Nicaragua Vehicle Registration is set to reach 592.56 Units by 2028 from 2,740 Units 2023, fell by 25.3% per year. Since 2010, the market increased 0.4% year on year reaching 97,777,000 Units. The country came in number 114 in 2023, Cameroon came ahead 2,740 Units. Canada, China and Austria respectively ranked numbers 2, 3 and 4 in this ranking.

How does Nicaragua 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
115 115 Azerbaijan 2,920 2023 -17.3% -6.09% View data
116 116 Cameroon 2,880 2023 -1.77% -1.32% View data
117 117 Nicaragua 2,740 2023 -14.28% -25.32%
118 118 Madagascar 1,780 2023 -1.77% -2.27% View data
119 119 Uganda 1,750 2023 -6.91% -1.45% View data

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