Car Statistics in Luxembourg

Thanks to Statec and The Chronicle for an interesting article which I have summarised below regarding car ownership in Luxembourg.

Luxembourg has:

  • Second highest car ownership in the world after Monaco, with 666 cars per thousand inhabitants. Monaco has 771. Interestingly Iceland and New Zealand are next.
  • Between 1974 and 1990 the number of cars in Luxembourg doubled and by 2012 the number of registered vehicles was 430,000 (pop. 509,000).
  • Companies own 20% of registered vehicles
  • The top three brands in order are: VW, BMW and Renault.
  • 64.7% of vehicles use diesel
  • The total journeys come to 3bn Kilometres per year, or 75,000 times round the world

I also heard speculation that Luxembourg has among the highest Ferrari ownership rates around, I am not sure if this is true but it would seem a few of the bankers round here can still manage to own these rather modest beasts. I see them almost daily here which is in stark contrast to the UK.

About Rod McCall

Rod McCall is a researcher in the field of human-computer interaction in areas such as augmented reality, mobile gaming in-car systems and virtual environments. He has a passing interest in economics after not being entirely convinced by the rubbish presented as fact during lectures on that particular subject while at uni.
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