The total value of credit card payments in Greece from 2000 to 2020 fluctuated, with an increase over the second half of that period. In 2020, credit card payments in Greece reached a total value of approximately 5.2 billion euros. This is a strong increase when compared to the 4.2 billion euros reached in 2015. For many markets in Central and Eastern Europe, the regulatory and financial support afforded by the European Union membership provided strong potential for sustained growth in the credit card market. For example, for Czechia, the penetration of credit cards equaled 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, had a credit card penetration penetration rate of 12 percent as of 2019. Originally denominated in euros, the data was converted to U.S. dollars by Statista to allow for cross-country comparisons worldwide.
Value of credit card transactions for payments in Greece from 2000 to 2021
(in million euros, and estimates in U.S. dollars)
Characteristic
Transaction volume in million euros
Transaction volume in million U.S. dollars
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Statista. (July 22, 2022). Value of credit card transactions for payments in Greece from 2000 to 2021 (in million euros, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/751483/value-of-credit-card-payments-in-greece/
Statista. "Value of credit card transactions for payments in Greece from 2000 to 2021 (in million euros, and estimates in U.S. dollars)." Chart. July 22, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/751483/value-of-credit-card-payments-in-greece/
Statista. (2022). Value of credit card transactions for payments in Greece from 2000 to 2021 (in million euros, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/751483/value-of-credit-card-payments-in-greece/
Statista. "Value of Credit Card Transactions for Payments in Greece from 2000 to 2021 (in Million Euros, and Estimates in U.S. Dollars)." Statista, Statista Inc., 22 Jul 2022, https://www.statista.com/statistics/751483/value-of-credit-card-payments-in-greece/
Statista, Value of credit card transactions for payments in Greece from 2000 to 2021 (in million euros, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/751483/value-of-credit-card-payments-in-greece/ (last visited July 27, 2024)
Value of credit card transactions for payments in Greece from 2000 to 2021 (in million euros, and estimates in U.S. dollars) [Graph], Statista, July 22, 2022. [Online]. Available: https://www.statista.com/statistics/751483/value-of-credit-card-payments-in-greece/