CAGR of POS transactions Europe between 2019-2023 and 2020-2024

Published by Statista Research Department, Sep 18, 2023
It was forecasted that the compound annual growth rate (CAGR) of point of sale (POS) transactions in Turkey will be 12 percent between 2019 and 2023; however, the year after, the CAGR of POS transactions the growth between 2020 and 2024 was forecasted to be just 7 percent, a strong decrease. Spain and Poland will all see CAGR of 5 percent and above for POS sales between 2020 and 2024.

Some countries, such as Turkey and Russia, saw a lower forecast in the second period as compared to the first. Such a decline in the forecast could be caused by the COVID-19 pandemic's impact.

Forecasted compound annual growth rate (CAGR) in the value of point of sale (POS) transactions in Europe between 2019 to 2023 and 2020 to 2024, by country

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Release date

January 2021

Region

Europe

Survey time period

2020

Supplementary notes

* Estimated
** Forecasted.

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