Almost all vehicle types drive a fall in registrations

Vehicle Registrations
July 2015

  Jul 15 Jun 15 May 15 Apr 15

New Registrations 240 262 196 198

Almost all vehicle types drive a fall in registrations

Over July, the total number of vehicle registrations decreased by 8.4% to 240 registrations (refer to Table 1). This was driven by a decline in the registration of almost all vehicle types except “Heavy vehicles”, “Light vehicles”, and “Motorcycles”. “Government vehicles” which increased in June, fell by 90.0% over the month of July. This coupled with the drop in “Taxis & rentals” which declined by 33.3%. This indicates the end of the coronation celebrations and festivities. Moreover, vehicle loans decreased by 71.1% supporting the monthly decline in registrations. In annual terms, registrations rose by 29.6% due to an increase in the registration of all vehicle types except “Government vehicles” and “Motorcycles” (refer to Table 1 and Figure 2). This coincides with a 16.4% rise in vehicle import payments.

Looking forward, the NRBT expects growth in vehicle registrations supported by an increase in vehicle payments over July (refer to Figure 1). Additionally, liaisons with vehicle importers have  indicated rising popularity of particular models and thus higher demand for vehicles. Furthermore, new vehicle loan commitments have been on the rise recently, indicating a projected rise in  registrations in the near-term. According to liaisons with the tourism sector, programs and schemes they have in place are also expected to have spillover effects on public transport, car rental  providers and vehicle registrations. The NRBT will continue to closely monitor the country’s economic and financial conditions in order to maintain an adequate level of foreign reserves.


Total Number of vehicle Registrations

  Month ended
Year ended Memo
Share *
  Jul 15 Jun 15 May 15
Jul 14
Jul 15
Jul 14
% Growth

Total vehicles
240 262 196 187 2,321 1,791 29.6 100.0
Cars 98 109 81 64 949 681 39.4 41
Light vehicles +
94 93 66 79 901 779 15.7 39
Heavy cehicles ++
26 19 25 18 228 158 44.3 10
Taxi and rentals
18 27 22 18 188 116 62.1 8
Motorcycles 3 1 0 1 15 20 -25.0 1
Government vehicles
1 10 2 2 24 25 -4.0 1
Buses 0 3 0 5 16 12 33.3 1

* Based on year-ended vehicle registration numbers
+ Vehicles lighter than 1500kgs excluding Cars
++ Vehicles heavier than 1500kgs excluding Buses
Source: Ministry of Infrastructure
TotalVehicleRegistrationsMonthly Jul15 TotalVehicleRegistrationsYearly Jul15

Download the Vehicle Registrations for June for more information.

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