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Credit card penetration among in CEE region 2019, by country

Credit card penetration in Central and Eastern Europe (CEE) as of 2019, by country

Credit card penetration among in CEE region 2019, by country This statistic presents the credit card penetration rate in countries of Central and Eastern Europe as of 2019. The credit card market in the CEE region grew over time, when together with accelerating relationship with the Western Europe, the demand for a variety of financial services on the market has also increased. The payment cards sector has been among the first to grow, but the dynamic of that growth was different in different countries. For many markets listed, the regulatory and financial support afforded by the European Union membership provided strong potential for sustained credit card market growth. For example for Czechia, the penetration of credit cards was 25 percent in 2019. However, a relatively high penetration (in the context of the region) was also observed in two of the non-EU economies of the region: Russia and Ukraine. Some other countries are still lagging behind, for example Romania, with credit card penetration amounting to 12 percent as of 2019.
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Credit card penetration in Central and Eastern Europe (CEE) as of 2019, by country

Penetration rate
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This statistic presents the credit card penetration rate in countries of Central and Eastern Europe as of 2019. The credit card market in the CEE region grew over time, when together with accelerating relationship with the Western Europe, the demand for a variety of financial services on the market has also increased. The payment cards sector has been among the first to grow, but the dynamic of that growth was different in different countries. For many markets listed, the regulatory and financial support afforded by the European Union membership provided strong potential for sustained credit card market growth. For example for Czechia, the penetration of credit cards was 25 percent in 2019. However, a relatively high penetration (in the context of the region) was also observed in two of the non-EU economies of the region: Russia and Ukraine. Some other countries are still lagging behind, for example Romania, with credit card penetration amounting to 12 percent as of 2019.
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