Industry revenue of “activities of collection agencies and credit bureaus“ in Germany 2011-2023

The service requirements for collection agencies and credit bureaus are high in Germany compared other European countries including France, Italy, Finland, Spain and others due to its sheer size of GDP, the largest in the region. Austerity measures which were implemented following the 2008 Eurozone crisis, has led the creditors including investors, credit issuers, investment banks, broker-dealers and governments to reassess the credit worthiness of potential consumers, thus driving the market over the last few years. However, as a side effect, the government debt also declined over the last few years as well following the austerity measures.

With no sign of lifting the austerity measures in the short to medium terms, the credit disbursal rate is expected to lay flat restricting future revenues of the industry. According to latest estimates by Statista, the industry revenue is estimated to reach 4.3 billion U.S. dollars in 2023 from around 4 billion U.S. dollars in 2018.

High level of consumer expenditure to drive industry revenue

Applications processing and debt collection services associated with credit cards and mortgages accounts for a substantial share of revenue for Credit rating and debt collection service providers. Germany’s comparative high level of consumer expenditure compared to other European nations shows potential for further growth in the industry.

Industry revenue of “activities of collection agencies and credit bureaus“ in Germany from 2011 to 2023

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* All products require an annual contract; Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Germany. The industry “activities of collection agencies and credit bureaus“ has the code “N8291“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Germany"

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.