Cash money use in Ukraine decreased in recent years, making up less than half of payment transactions in 2019. This according to estimations based on the available data regarding cash withdrawals and payment transactions. No data exists on the actual use of cash money, outside of survey diaries. Such a diary, covering consumers' use of cash money in shops, was held in Europe only once, in 2017. As not all payment data is readily available, like the use of OTC or over-the-counter cash withdrawals, note this can still mean that the cash share numbers provided here are not necessarily accurate.
Share of cash in total payment transactions in Ukraine from 2008 to 2019
No data is available that covers the exact volume of transactions conducted with cash money. In order to make a credible estimation, this calculation looked at the following indicators:
Value of ATM cash withdrawals (either with cards issued by resident PSPs at any terminal, provided by either a resident or non-resident PSP, or with cards issued by non-resident PSPs at terminals provided by resident PSPs;
Value of OTC or over-the-counter cash withdrawals;
Value of card payments, issued by resident PSPs;
Value of e-money payment transactions, issued by resident PSPs.
To summarize, this methodology tries to put cash withdrawals, either at an ATM or OTC, in perspective of all payment transactions (withdrawals + card payment+ e-money transactions) within a country. Numbers on checks, ACH or instant payments have not been used.
Note that numbers on OTC withdrawals and e-money are not always readily available for all years. Multiple sources were consulted to get to these numbers. In the case of Ukraine, there was no indication of this being tracked. The source spoke of "cash payments" and "non-cash payments", but did not provide more details.
The values used in the calculations for Ukraine were in Ukrainian hryvnia.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Statista. (October 12, 2020). Share of cash in total payment transactions in Ukraine from 2008 to 2019 [Graph]. In Statista. Retrieved December 09, 2022, from https://www.statista.com/statistics/1112520/cash-use-in-ukraine/
Statista. "Share of cash in total payment transactions in Ukraine from 2008 to 2019." Chart. October 12, 2020. Statista. Accessed December 09, 2022. https://www.statista.com/statistics/1112520/cash-use-in-ukraine/
Statista. (2020). Share of cash in total payment transactions in Ukraine from 2008 to 2019. Statista. Statista Inc.. Accessed: December 09, 2022. https://www.statista.com/statistics/1112520/cash-use-in-ukraine/
Statista. "Share of Cash in Total Payment Transactions in Ukraine from 2008 to 2019." Statista, Statista Inc., 12 Oct 2020, https://www.statista.com/statistics/1112520/cash-use-in-ukraine/
Statista, Share of cash in total payment transactions in Ukraine from 2008 to 2019 Statista, https://www.statista.com/statistics/1112520/cash-use-in-ukraine/ (last visited December 09, 2022)