Sample of Car Ownership in Africa VS World
22 June 2023•
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Car ownership is important for several reasons, as it can influence various aspects of society, the economy and individuals’ lives.
Car ownership can also be an indicator of a country’s economic development and purchasing power of its citizens.
Higher car ownership rates correspond to higher levels of income, as many people can afford to purchase and maintain a vehicle.
However, this number is markedly lowest in Africa, compared to the rest of the world.
According to the World Bank, the global average car ownership rate is estimated to be 190 passenger cars per 1,000 people.
South Africa has the highest car ownership rates in Africa with ±170 passenger cars per 1,000 people in 2020 but is still lower than the global average.
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