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Number of vehicles registered South Korea 2011-2020

Published by Jang Seob Yoon, Mar 10, 2021
There were approximately 24.37 million automobiles registered in South Korea in 2020. The number of car registrations grew steadily over the past ten years, although the rate of increase has decreased slightly since 2015. 2015 was the year when the greatest number of new cars were registered, with approximately 872 thousand units. However, as more and more households start to own two or even three vehicles, continuous if slow growth is expected in the coming years.

Number of vehicles registered in South Korea from 2011 to 2020 (in million units)

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Sources

Release date

January 2021

Region

South Korea

Survey time period

2011 to 2020

Special properties

excluding two-wheeled vehicles

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