First registrations of brand new vehicles in Korea

Korea: First registrations of brand new vehicles was 1.20 million Vehicles in 2025. ▼ Falling

Latest (2025)
1.20 million Vehicles
Change on year
up 1.6%
Rank
1st
of 4 groups
All-time high
2.31 million Vehicles
in 1997
All-time low
927,048 Vehicles
in 2005
Years of data
30
1994–2025

First registrations of brand new vehicles in Korea, 1994–2025

0500.0k1.0M1.5M2.0M2.5M1994200920251994: 1.8M Vehicles1995: 2.0M Vehicles1996: 2.2M Vehicles1997: 2.3M Vehicles1998: 1.6M Vehicles2001: 1.1M Vehicles2002: 1.3M Vehicles2003: 1.1M Vehicles2004: 931.1k Vehicles2005: 927.0k Vehicles2006: 956.0k Vehicles2007: 1.0M Vehicles2008: 1.0M Vehicles2009: 1.2M Vehicles2010: 1.2M Vehicles2011: 1.3M Vehicles2012: 1.2M Vehicles2013: 1.2M Vehicles2014: 1.2M Vehicles2015: 1.3M Vehicles2016: 1.3M Vehicles2017: 1.3M Vehicles2018: 1.3M Vehicles2019: 1.3M Vehicles2020: 1.4M Vehicles2021: 1.2M Vehicles2022: 1.1M Vehicles2023: 1.2M Vehicles2024: 1.2M Vehicles2025: 1.2M Vehicles

Source: Organisation for Economic Co-operation and Development. Measured in Vehicles.

Analysis

Korea recorded 1.20 million Vehicles for first registrations of brand new vehicles in 2025.

That represents a change of up 1.6% on the previous year and down 8.3% over ten years.

Over the whole period, first registrations of brand new vehicles in Korea peaked at 2.31 million Vehicles in 1997 and was at its lowest, 927,048 Vehicles, in 2005.

The long-run direction has been consistently falling across the 30 years of available data.

First registrations of brand new vehicles in Korea, year by year

Annual values for First registrations of brand new vehicles in Korea, 1994 to 2025.
Year Vehicles Change
1994 1.81 million Vehicles —
1995 2.00 million Vehicles +10.9%
1996 2.22 million Vehicles +11.0%
1997 2.31 million Vehicles +3.8%
1998 1.63 million Vehicles -29.6%
2001 1.09 million Vehicles -32.7%
2002 1.32 million Vehicles +20.5%
2003 1.06 million Vehicles -19.5%
2004 931,093 Vehicles -12.1%
2005 927,048 Vehicles -0.4%
2006 955,992 Vehicles +3.1%
2007 1.02 million Vehicles +6.7%
2008 1.01 million Vehicles -1.3%
2009 1.22 million Vehicles +21.7%
2010 1.21 million Vehicles -1.0%
2011 1.26 million Vehicles +3.6%
2012 1.20 million Vehicles -4.7%
2013 1.16 million Vehicles -2.6%
2014 1.21 million Vehicles +4.1%
2015 1.31 million Vehicles +7.9%
2016 1.32 million Vehicles +1.2%
2017 1.32 million Vehicles -0.4%
2018 1.29 million Vehicles -2.4%
2019 1.28 million Vehicles -0.9%
2020 1.37 million Vehicles +7.0%
2021 1.20 million Vehicles -12.1%
2022 1.15 million Vehicles -4.2%
2023 1.24 million Vehicles +7.5%
2024 1.18 million Vehicles -4.4%
2025 1.20 million Vehicles +1.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.99 million Vehicles 1.63 million Vehicles 2.31 million Vehicles 5
2000s 1.06 million Vehicles 927,048 Vehicles 1.32 million Vehicles 9
2010s 1.26 million Vehicles 1.16 million Vehicles 1.32 million Vehicles 10
2020s 1.22 million Vehicles 1.15 million Vehicles 1.37 million Vehicles 6

Countries ranked near Korea

  1. 1 Japan 3.82 million Vehicles compare
  2. 1 Türkiye 1.12 million Vehicles compare
  3. 2 Germany 2.86 million Vehicles compare
  4. 2 Poland 600,504 Vehicles compare
  5. 3 Netherlands 387,579 Vehicles compare
  6. 3 United States 2.73 million Vehicles compare
  7. 3 Moldova 55,910 Vehicles compare
  8. 4 Slovenia 56,778 Vehicles compare
  9. 4 United Kingdom 2.03 million Vehicles compare
  10. 4 Croatia 52,917 Vehicles compare

See the full ranking of 48 places →

More reference data data for Korea

All data for Korea →

Frequently asked questions

What is first registrations of brand new vehicles in Korea?
First registrations of brand new vehicles in Korea was 1.20 million Vehicles in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest first registrations of brand new vehicles recorded in Korea?
The highest recorded value was 2.31 million Vehicles in 1997.
What is the lowest first registrations of brand new vehicles recorded in Korea?
The lowest recorded value was 927,048 Vehicles in 2005.
How does Korea rank for first registrations of brand new vehicles?
Korea ranks 1st out of 4 groups with data for 2025.
Is first registrations of brand new vehicles rising or falling in Korea?
Over the last ten years it is down 8.3%. The long-run trend across the full record is falling.
Where does this Korea data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of First registrations of brand new vehicles. Statizoid updates them automatically from the source API.

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First registrations of brand new vehicles in Korea. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/first-registrations-of-brand-new-vehicles/korea/

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About this data

Indicator
First registrations of brand new vehicles
Unit
Vehicles
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 1,321 data points, 1994–2025
Last refreshed

Number of new passenger cars and goods road motor vehicles registered for the first time.