There were approximately 25.5 million automobiles registered in South Korea in 2022. Although the rate of increase has decreased slightly since 2015, the number of car registrations has grown steadily over the past 10 years. 2015 was the year with the greatest number of new car registrations, with approximately 872 thousand units. As more and more households start to own two or even three vehicles, continuous if slow growth is expected in the coming years.
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Statistics Korea. (April 3, 2023). Number of vehicles registered in South Korea from 2010 to 2022 (in million units) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1095105/south-korea-number-of-vehicles-registered/
Statistics Korea. "Number of vehicles registered in South Korea from 2010 to 2022 (in million units)." Chart. April 3, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1095105/south-korea-number-of-vehicles-registered/
Statistics Korea. (2023). Number of vehicles registered in South Korea from 2010 to 2022 (in million units). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1095105/south-korea-number-of-vehicles-registered/
Statistics Korea. "Number of Vehicles Registered in South Korea from 2010 to 2022 (in Million Units)." Statista, Statista Inc., 3 Apr 2023, https://www.statista.com/statistics/1095105/south-korea-number-of-vehicles-registered/
Statistics Korea, Number of vehicles registered in South Korea from 2010 to 2022 (in million units) Statista, https://www.statista.com/statistics/1095105/south-korea-number-of-vehicles-registered/ (last visited October 02, 2024)
Number of vehicles registered in South Korea from 2010 to 2022 (in million units) [Graph], Statistics Korea, April 3, 2023. [Online]. Available: https://www.statista.com/statistics/1095105/south-korea-number-of-vehicles-registered/