Car Registrations in South Korea averaged 105214.15 from 2001 until 2020, reaching an all time high of 205595 in February of 2020 and a record low of 49944 in December of 2003. This page provides the latest reported value for - South Korea New Car Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea New Car Registrations - values, historical data and charts - was last updated on November of 2020.
Car Registrations in South Korea is expected to be 115000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in South Korea to stand at 150000.00 in 12 months time. In the long-term, the South Korea New Car Registrations is projected to trend around 175000.00 in 2021 and 190500.00 in 2022, according to our econometric models.