Korea, where more people still don't own cars compared to Japan jpg

As of July 2023, the number of cars owned per 1,000 people in our country is 502. This means that roughly one in two people owns a car. Compared to 256.5 cars per 1,000 people in 2000—23 years ago—the number of cars owned has increased by approximately twofold. Since it doubled over a period of about 23 years, the rate of increase does not seem particularly fast.
Based on estimated population figures, South Korea's population began to decline for the first time in history starting in 2021. The population decreased from 51,836,239 in 2020 to 51,744,876 in 2021, a drop of 91,363 people. Therefore, there is significant potential for the number of cars owned per capita to increase compared to past periods. However, the growth rate of car ownership per capita is also stagnating in the 2% range annually, because the total number of cars owned is not increasing significantly.
[Source] Which country has the world's highest car ownership (density) per capita?|Written by Madang Saram
Number of cars owned per 1,000 people
Surprisingly, there are relatively many people in Korea who don't own a car at all.
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