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Latvia Car Sales Data

Sales of New Cars In Latvia

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Annual Sales Data (Table)
Annual Sales Data (Chart)

Sales of New Cars In Latvia – Data, Trends, Charts & Analysis

Here you will find annual car sales figures for Latvia. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).

Since the early 2000s, the Latvian car market has fluctuated between 5,500 and 37,000 annual sales. After years of rapid growth, the market peaked in 2007 at over 36,000 sales before declining by almost 84% in the next two years, to a low just under 5,900 sales. In 2011 car sales in Latvia rebounded with an 84% increase and the recovery continued with only one year of slight declines between 2010 and 2019. Still, Latvian car sales are at just over half the peak level. In recent years, LCV sales have typically made up 16% of total car sales in Latvia, but their share was below 10% from 2005 to 2010 and around 12% in recent years.

Latvia Automotive Sales Data & Recent Highlights

Latvia New Motor Vehicle Sales Table

Year Passenger Cars Light Commercial Sales Growth
2003 8,713
2004 11,217 28.74
2005 10,467 -6.69
2006 14,234 35.99
2007 21,606 51.79
2008 22,217 2.83
2009 7,515 -66.17
2010 7,970 6.05
2011 13,234 66.05
2012 10,665 -19.41
2013 10,636 -0.27
2014 12,452 17.07
2015 13,765 10.54
2016 16,359 18.84
2017 16,698 2.07
2018 16,878 1.08
2019 16,974 0.57
2020 13,864 -18.32

Latvia New Motor Vehicle Sales Chart

Sources: Manufacturers, ANDC, JATO Dynamics.