30 Countries with Lowest Car Ownership Rates in the World

Page 4 of 4

1. Ethiopia

Cars per Capita (2024): 0.0018

Cars per 1,000 People (2024): 2

Total Number of Registered Cars (2024): 227,582

Ethiopia ranks first on our list of the countries with the lowest car ownership rate. It has only 2 cars per 1,000 inhabitants and over 227,000 total registered cars.

If you are looking for an AI stock that is as promising as Microsoft but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks.

Disclosure: None. 30 Countries with Lowest Car Ownership Rates in the World is published on Insider Monkey.

Page 4 of 4