The number of cars in operation per 1,000 people in Vietnam was forecast to continuously increase between 2023 and 2028 by in total 1.9 cars (+7.15 percent). After the fifth consecutive increasing year, the number of cars is estimated to reach 28.5 cars and therefore a new peak in 2028. Notably, the number of cars in operation per 1,000 people was continuously increasing over the past years.
Cars in this context do not take into account vans or trucks. The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information). Find more key insights for the number of cars in operation per 1,000 people in countries like Indonesia and Singapore.
Number of cars in operation per 1,000 people in Vietnam from 2013 to 2028
The shown forecasts represent a blend of multiple input datasets from both internal (primary) and external (secondary) sources. Whereas primary data are generated via Statista's own surveys like the Global Consumer Survey, secondary input datasets are mostly sourced from international institutions (such as the IMF, the World Bank or the United Nations), national statistical offices, trade associations and from the trade press. These datasets are often incomplete as there are gaps between survey years or no or no reliable information might be available for a specific indicator in a specific country or region. Data for missing years are interpolated by various statistical means, such as linear or exponential interpolation or cubic splines. Data for missing countries or regions are imputed by considering known information from other countries or regions that are found to be similar by cluster analyses like k-means or similar procedures. Most indicators are composites of multiple input sources with slightly varying methodologies that have been processed by our analysts to be aligned and consistent with each other and with all other indicators in the KMI database. As new data becomes available or methodologies are adapted to suit changing requirements it can be possible that data is not comparable any longer with previously published data or is changed retroactively according to the new definitions. Because of the high degree of processing no specific external source can be named for each data point and all data for historical years (usually until the last finished year before the current one) have to be considered Statista estimates. Future years are mostly Statista projections These projections or forecasts are conducted by regression analyses, exponential trend smoothing (ETS) or similar techniques and extrapolate the found historical trend. '
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (March 6, 2023). Number of cars in operation per 1,000 people in Vietnam from 2013 to 2028 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/forecasts/1152258/car-parc-forecast-in-vietnam
Statista. "Number of cars in operation per 1,000 people in Vietnam from 2013 to 2028." Chart. March 6, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/forecasts/1152258/car-parc-forecast-in-vietnam
Statista. (2023). Number of cars in operation per 1,000 people in Vietnam from 2013 to 2028. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/forecasts/1152258/car-parc-forecast-in-vietnam
Statista. "Number of Cars in Operation per 1,000 People in Vietnam from 2013 to 2028." Statista, Statista Inc., 6 Mar 2023, https://www.statista.com/forecasts/1152258/car-parc-forecast-in-vietnam
Statista, Number of cars in operation per 1,000 people in Vietnam from 2013 to 2028 Statista, https://www.statista.com/forecasts/1152258/car-parc-forecast-in-vietnam (last visited December 19, 2024)
Number of cars in operation per 1,000 people in Vietnam from 2013 to 2028 [Graph], Statista, March 6, 2023. [Online]. Available: https://www.statista.com/forecasts/1152258/car-parc-forecast-in-vietnam