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Feb 21, 2024 · Driven by an expanding middle class, Vietnam has seen the fastest growth in ownership. Between 2015 and 2020, the motorization rate grew by an astonishing 17% each year. Additionally, China witnessed 14% growth while India’s vehicles per 1,000 people increased 10% annually over the period.
- Dorothy Neufeld
Jul 23, 2024 · Statistic 10. 54% of vehicles in Mexico are more than 10 years old. Statistic 11. The average length of vehicle ownership in the United Kingdom is 2.6 years. Statistic 12. 42% of vehicles in Russia are more than 15 years old. Statistic 13. The average cost of vehicle insurance in the United States is $1,548 per year.
List of countries and territories by motor vehicles per capita. China became the world's largest new car market in 2009. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Population figures are from the United Nations Statistics Division unless otherwise specified.
Here’s a closer look at the distribution of cars around the world, as well as a few critical factors that can impact these numbers. Countries with the Most Cars per Capita. Worldwide, Gibraltar has the the highest distribution of cars to people with about 1,444 cars for every 1,000 people.
The number of electric cars on the road is the cumulative total of sales over the years (minus any cars that have been taken off the road). The total number of electric car stocks is shown in the chart below. There are now more than 40 million electric cars in use globally, and this is growing quickly. In 2022, this figure was just 26 million.
Oct 17, 2024 · E-commerce as share of total retail sales worldwide 2021-2027. ... Annual car sales worldwide 2010-2023, with a forecast for 2024 ... Worldwide motor vehicle sales year-over-year growth between ...
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Since the 1950s, the number of automobiles has considerably increased, especially in developed countries. Motorization significantly reduced the number of people per automobile, from 48.2 in 1950 to 7.15 in 2019. There are consequently more vehicles per capita, which is a good indicator of potential mobility.
