The line chart illustrates the proportion of residents in a country that owned a car over the two and a half decades, from 1990 to 2015.
Overall, car ownership increased substantially between 1990 and 2015. Surprisingly, over the two decades the car ownership increased significantly each stood at 13% and 12%,respectively . From 2000 to 2005, people purchased more car compared to other five years timeline, meanwhile others five year timeline indicated similar purchased rate.
In 1990, only 42% of people owned a car which vehemently increased over the following decades, surged to 74%, in 2015.
In 1995, the car ownership among households accounted for 48%, a 6 % increase over the five years timeline. A slight increase happend in 2000, where car ownership rised to 55%, indicating half of the people drive a car.
The highest increasing rate was observed in 2005, stood at 63 %, increased 8% in five years. In 2010 and 2015 it roses to 68% and 74%, respectively. Residents were buying a car consistently over the period, signaling a good economic progression throughout the period.
