Philippines Motor Vehicle Sales: Passenger Cars

2005 - 2023 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers

Key information about Philippines Motor Vehicle Sales: Passenger Cars

  • Philippines Motor Vehicle Sales: Passenger Cars was reported at 282,507.000 Unit in Dec 2023.
  • This records an increase from the previous number of 226,403.000 Unit for Dec 2022.
  • Philippines Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 90,287.000 Unit from Dec 2005 to 2023, with 19 observations.
  • The data reached an all-time high of 295,459.000 Unit in 2017 and a record low of 35,063.000 Unit in 2005.
  • Philippines Motor Vehicle Sales: Passenger Cars data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
  • The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVS: Motor Vehicle Sales: by Country and Type: Passenger Car (PC).

View Philippines's Motor Vehicle Sales: Passenger Cars from 2005 to 2023 in the chart:

Philippines Motor Vehicle Sales: Passenger Cars

What was Philippines's Motor Vehicle Sales: Passenger Cars in 2023?

Philippines Motor Vehicle Sales: Passenger Cars was reported at 282,507.000 Unit in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
282,507.000 2023 226,403.000 2022 35,063.000 2005 295,459.000 2017 Unit yearly 2005 - 2023

Motor Vehicle Sales: Passenger Cars by Country Comparison

country/region Last Frequency Range
Albania (Unit) 3,005.000 2019 yearly 2005 - 2019
Algeria (Unit) 118,689.000 2019 yearly 2005 - 2019
Angola (Unit) 2,080.000 2019 yearly 2005 - 2019
Argentina (Unit) 274,728.000 2023 yearly 2005 - 2023
Armenia (Unit) 970.000 2019 yearly 2005 - 2019
Australia (Unit) 890,823.000 2023 yearly 2005 - 2023
Austria (Unit) 239,150.000 2023 yearly 2005 - 2023
Azerbaijan (Unit) 6,046.000 2019 yearly 2005 - 2019
Bahamas (Unit) 1,332.000 2019 yearly 2005 - 2019
Bahrain (Unit) 26,372.000 2019 yearly 2005 - 2019
Bangladesh (Unit) 3,000.000 2019 yearly 2005 - 2019
Belarus (Unit) 56,592.000 2019 yearly 2005 - 2019
Belgium (Unit) 476,674.000 2023 yearly 2005 - 2023
Belize (Unit) 348.000 2019 yearly 2005 - 2019
Bolivia (Unit) 20,319.000 2019 yearly 2005 - 2019
Bosnia and Herzegovina (Unit) 10,038.000 2019 yearly 2005 - 2019
Botswana (Unit) 1,050.000 2019 yearly 2005 - 2019
Brazil (Unit) 1,721,400.000 2023 yearly 2005 - 2023
Brunei (Unit) 10,949.000 2019 yearly 2005 - 2019
Bulgaria (Unit) 35,764.000 2023 yearly 2005 - 2023
Burkina Faso (Unit) 537.000 2019 yearly 2005 - 2019
Burundi (Unit) 10.000 2019 yearly 2005 - 2019
Cambodia (Unit) 1,275.000 2019 yearly 2005 - 2019
Cameroon (Unit) 1,529.000 2019 yearly 2005 - 2019
Canada (Unit) 262,159.000 2023 yearly 2005 - 2023
Chile (Unit) 218,642.000 2023 yearly 2005 - 2023
China (Unit) 26,062,824.000 2023 yearly 2005 - 2023
Colombia (Unit) 144,633.000 2023 yearly 2005 - 2023
Congo (Unit) 346.000 2019 yearly 2005 - 2019
Costa Rica (Unit) 30,825.000 2019 yearly 2005 - 2019
Croatia (Unit) 57,694.000 2023 yearly 2005 - 2023
Cuba (Unit) 2,280.000 2019 yearly 2005 - 2019
Cyprus (Unit) 12,438.000 2019 yearly 2005 - 2019
Czech Republic (Unit) 221,419.000 2023 yearly 2005 - 2023
Denmark (Unit) 172,798.000 2023 yearly 2005 - 2023
Dominican Republic (Unit) 12,606.000 2019 yearly 2005 - 2019
Ecuador (Unit) 98,018.000 2023 yearly 2005 - 2023
Egypt (Unit) 69,175.000 2023 yearly 2005 - 2023
El Salvador (Unit) 6,400.000 2019 yearly 2005 - 2019
Estonia (Unit) 32,132.000 2019 yearly 2005 - 2019
Finland (Unit) 87,509.000 2023 yearly 2005 - 2023
France (Unit) 1,774,723.000 2023 yearly 2005 - 2023
Gabon (Unit) 1,278.000 2019 yearly 2005 - 2019
Georgia (Unit) 2,804.000 2019 yearly 2005 - 2019
Germany (Unit) 2,844,609.000 2023 yearly 2005 - 2023
Ghana (Unit) 3,394.000 2019 yearly 2005 - 2019
Greece (Unit) 134,484.000 2023 yearly 2005 - 2023
Guadeloupe (Unit) 16,741.000 2019 yearly 2005 - 2019
Guatemala (Unit) 13,407.000 2019 yearly 2005 - 2019
Guyana (Unit) 5,450.000 2019 yearly 2005 - 2019
Honduras (Unit) 9,508.000 2019 yearly 2005 - 2019
Hong Kong SAR, China (Unit) 29,117.000 2019 yearly 2005 - 2019
Hungary (Unit) 107,720.000 2023 yearly 2005 - 2023
Iceland (Unit) 11,692.000 2019 yearly 2005 - 2019
India (Unit) 4,101,600.000 2023 yearly 2005 - 2023
Indonesia (Unit) 779,326.000 2023 yearly 2005 - 2023
Iran (Unit) 619,028.000 2019 yearly 2005 - 2019
Iraq (Unit) 51,103.000 2019 yearly 2005 - 2019
Ireland (Unit) 122,310.000 2023 yearly 2005 - 2023
Israel (Unit) 270,433.000 2023 yearly 2005 - 2023
Italy (Unit) 1,565,331.000 2023 yearly 2005 - 2023
Ivory Coast (Unit) 7,522.000 2019 yearly 2005 - 2019
Jamaica (Unit) 5,232.000 2019 yearly 2005 - 2019
Japan (Unit) 3,992,727.000 2023 yearly 2005 - 2023
Jordan (Unit) 14,000.000 2019 yearly 2005 - 2019
Kazakhstan (Unit) 164,000.000 2023 yearly 2005 - 2023
Kenya (Unit) 2,307.000 2019 yearly 2005 - 2019
South Korea (Unit) 1,489,363.000 2023 yearly 2005 - 2023
Kuwait (Unit) 112,969.000 2023 yearly 2005 - 2023
Kyrgyzstan (Unit) 1,348.000 2019 yearly 2005 - 2019
Laos (Unit) 4,064.000 2019 yearly 2005 - 2019
Latvia (Unit) 16,974.000 2019 yearly 2005 - 2019
Lebanon (Unit) 22,086.000 2019 yearly 2005 - 2019
Liberia (Unit) 68.000 2019 yearly 2005 - 2019
Libya (Unit) 16,100.000 2019 yearly 2005 - 2019
Lithuania (Unit) 43,109.000 2019 yearly 2005 - 2019
Luxembourg (Unit) 54,938.000 2019 yearly 2005 - 2019
North Macedonia (Unit) 4,060.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Madagascar (Unit) 1,043.000 2019 yearly 2005 - 2019
Malawi (Unit) 598.000 2019 yearly 2005 - 2019
Malaysia (Unit) 604,000.000 2023 yearly 2005 - 2023
Malta (Unit) 7,621.000 2019 yearly 2005 - 2019
Martinique (Unit) 15,853.000 2019 yearly 2005 - 2019
Mauritius (Unit) 7,722.000 2019 yearly 2005 - 2019
Mexico (Unit) 598,091.000 2023 yearly 2005 - 2023
Moldova (Unit) 6,406.000 2019 yearly 2005 - 2019
Mongolia (Unit) 2,970.000 2019 yearly 2005 - 2019
Morocco (Unit) 145,218.000 2023 yearly 2005 - 2023
Myanmar (Unit) 7,167.000 2019 yearly 2005 - 2019
Nepal (Unit) 7,505.000 2019 yearly 2005 - 2019
Netherlands (Unit) 372,156.000 2023 yearly 2005 - 2023
New Caledonia (Unit) 5,818.000 2019 yearly 2005 - 2019
New Zealand (Unit) 110,230.000 2023 yearly 2005 - 2023
Nicaragua (Unit) 1,296.000 2019 yearly 2005 - 2019
Nigeria (Unit) 5,100.000 2019 yearly 2005 - 2019
Norway (Unit) 126,953.000 2023 yearly 2005 - 2023
Oman (Unit) 49,924.000 2019 yearly 2005 - 2019
Pakistan (Unit) 58,562.000 2023 yearly 2005 - 2023
Palestinian Territory (Unit) 109.000 2019 yearly 2005 - 2019
Panama (Unit) 39,049.000 2019 yearly 2005 - 2019

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.2 Jun 2024 quarterly Dec 1985 - Jun 2024
Consolidated Fiscal Balance (USD mn) -947.765 Aug 2024 monthly Jan 1985 - Aug 2024
Tax Revenue (USD mn) 5,598.766 Aug 2024 monthly Jan 1985 - Aug 2024
Tax Revenue: % of GDP (%) 15.6 Jun 2024 quarterly Mar 1985 - Jun 2024
National Government Debt (USD mn) 276,256.5 Aug 2024 monthly Jan 1993 - Aug 2024
Government Debt: % of GDP (%) 60.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Forecast: Government Expenditure (PHP bn) 9,083.350 2028 yearly 1989 - 2028
Forecast: Government Net Debt (PHP bn) 19,652.200 2028 yearly 1993 - 2028
Forecast: Government Revenue (PHP bn) 8,212.060 2028 yearly 1989 - 2028
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 706,609.000 Aug 2024 monthly Jan 2006 - Aug 2024
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 12,386,572.746 Aug 2024 monthly Jan 2006 - Aug 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,375.4 Aug 2024 monthly Jan 1957 - Aug 2024
Total Exports (USD mn) 6,748.4 Aug 2024 monthly Jan 1979 - Aug 2024
Total Exports Growth (%) 0.3 Aug 2024 monthly Jan 1980 - Aug 2024
Aluminum: Exports (USD th) 172,934.333 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 61,685.472 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 11,340.083 2022 yearly 1995 - 2022
Total Imports (USD mn) 11,123.8 Aug 2024 monthly Jan 1979 - Aug 2024
Total Imports Growth (%) 2.7 Aug 2024 monthly Jan 1980 - Aug 2024
Imports: Medicament (USD th) 1,570,518.510 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,269,332.939 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,221.858 Aug 2024 monthly Jan 1978 - Aug 2024
Total Imports from USA (USD mn) 707.332 Aug 2024 monthly Jan 1986 - Aug 2024
Total Exports to China (USD mn) 849.385 Aug 2024 monthly Jan 1984 - Aug 2024
Total Imports from China (USD mn) 2,787.680 Aug 2024 monthly Jan 1986 - Aug 2024
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 243.5 Mar 2024 monthly Jan 2005 - Mar 2024
Current Account Balance (USD mn) -368.4 Mar 2024 monthly Jan 1999 - Mar 2024
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 820.5 Jul 2024 monthly Jan 2005 - Jul 2024
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment (USD mn) 2,742.116 Mar 2024 quarterly Mar 2005 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 2.5 Mar 2024 quarterly Dec 1980 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,013.6 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,728.469 Mar 2024 quarterly Mar 1977 - Mar 2024
External Debt (USD mn) 130,182.1 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: % of GDP (%) 28.7 2023 yearly 1990 - 2023
External Debt: Short Term (USD mn) 17,352.9 Mar 2023 quarterly Mar 2005 - Mar 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 2005 - 2023
Forecast: Current Account Balance (USD bn) -6.381 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -55,223.853 Jun 2024 quarterly Dec 2012 - Jun 2024
BoP: Change in Reserve Assets: Debit (USD mn) 1,190.104 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Credit: Export (USD mn) 4,308.895 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Financial Derivatives (FD) (USD mn) -13.733 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 109.462 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 243.491 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 820.455 Jul 2024 monthly Jan 2005 - Jul 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 1,741.932 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income (USD mn) 168.889 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Credit: Receipts (USD mn) 6.570 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Financial Account (FA) (USD mn) -2,389.162 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,419.031 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 72.295 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -65.016 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,794.078 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods (USD mn) -4,431.392 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income (USD mn) 2,510.476 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Debit: Import (USD mn) 2,925.244 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Debit: Import (USD mn) 9,225.470 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Capital Account (CA) (USD mn) 5.645 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Debit: Payments (USD mn) 0.925 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 2,029.869 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Import (USD mn) 13,531.426 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 1,922.951 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -51.282 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services (USD mn) 1,383.651 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Export (USD mn) 13,163.050 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 1,861.610 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -119.678 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,582.771 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Direct Investment (DI) (USD mn) -442.262 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Other Investments (OI) (USD mn) -1,813.489 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,477.307 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Current Account (CA) (USD mn) -368.376 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,308.419 Mar 2024 monthly Jan 2005 - Mar 2024
External Debt: Medium and Long Term (USD mn) 112,285.213 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,168.759 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,057.389 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Japan (USD mn) 14,245.785 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: France (USD mn) 1,201.744 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,503.182 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Approved: Information & Communication (PHP mn) 150.278 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Manufacturing (PHP mn) 12,620.963 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Administrative & Support Services (PHP mn) 2,494.846 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,205.659 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Transportation & Storage (PHP mn) 55.215 Mar 2024 quarterly Mar 2010 - Mar 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.6 Aug 2024 monthly Mar 2008 - Aug 2024
Household Debt: % of GDP (%) 11.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Non-Performing Loans (USD mn) 8,534.681 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 116,877.511 Jul 2024 monthly Dec 1988 - Jul 2024
Money Supply M2 (USD mn) 291,225.599 Jul 2024 monthly Dec 1988 - Jul 2024
M2 Growth (%) 7.8 Jul 2024 monthly Dec 1989 - Jul 2024
Reserve Requirement Ratio (%) 9.5 Sep 2024 monthly May 1986 - Sep 2024
Foreign Exchange Reserves (USD mn) 97,240.9 Sep 2024 monthly Jan 1960 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.4 Aug 2024 monthly Jan 1979 - Aug 2024
Gold Reserves (USD mn) 10,859.616 Sep 2024 monthly Dec 1956 - Sep 2024
Total Deposits (USD mn) 331,547.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Total Deposits Growth (%) 9.5 Jun 2024 quarterly Mar 2009 - Jun 2024
Domestic Credit (USD mn) 326,023.2 Jul 2024 monthly Dec 2001 - Jul 2024
Domestic Credit Growth (%) 11.3 Jul 2024 monthly Dec 2002 - Jul 2024
Household Debt (USD mn) 47,678.1 Jun 2024 quarterly Mar 2009 - Jun 2024
Total Loans (USD mn) 237,770.682 Aug 2024 monthly Mar 2008 - Aug 2024
Total Loans Growth (%) 11.11 Aug 2024 monthly Mar 2009 - Aug 2024
Private Debt: % of Nominal GDP (%) 47.99 Jun 2024 quarterly Dec 2001 - Jun 2024
DCS: LA: M4: M3 (PHP mn) 17,488,056.958 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,854,281.632 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: LA: M4: M3: M2 (PHP mn) 17,078,925.278 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: Domestic Claims (DC) (PHP mn) 19,119,632.662 Jul 2024 monthly Dec 2001 - Jul 2024
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 9.500 Sep 2024 monthly May 1986 - Sep 2024
CL: PBS: Real Estate: Residential (PHP bn) 1,038.657 Jun 2024 quarterly Mar 2009 - Jun 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 2,806.717 Jun 2024 quarterly Mar 2009 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.1 Sep 2024 quarterly Jun 2002 - Sep 2024
Business Outlook: Index: Services: Current Quarter (Point) 36.706 Sep 2024 quarterly Jun 2001 - Sep 2024
Business Outlook: Index: Industry: Current Quarter (Point) 25.986 Sep 2024 quarterly Jun 2001 - Sep 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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