Market size of payments worldwide from 2006 to 2022 with forecasts to 2027, by region

Published by Statista Research Department, Oct 16, 2023

The total global value of payments reached a new all-time high in 2022, with nearly half of all payments coming from Asia-Pacific. However, the source adds that the growth in APAC in 2022 was lower than other parts of the world. North America, Latin America, and EMEA (Europe, the Middle East, and Africa) saw their revenue increase by more than 10 percent between 2021 and 2022. Asia-Pacific recorded a growth of four percent during the same time – 25 percent when excluding China. The source adds that Brazil, India, Japan, and the United States were the countries with the highest increase in payments revenue.

Total payments revenue across different regions in the world from 2006 to 2022, with forecasts from 2024 to 2027 (in trillion U.S. dollars)

Characteristic	Asia-Pacific	Europe, Middle East, and Africa	Latin America	North America
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Release date

September 2023

More information

Region

Worldwide

Survey time period

September 2023

Special properties

Includes both commercial and consumer payments; The source does not provide figures for individual payment methods within the region. Instead, it uses the following categories: “Cross-border”, “Account-related liquidity”, “Domestic transactions”, and “credit cards”.

Supplementary notes

The figures have been taken from several publications.

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