The value of payments made with cards with a credit function in Germany from 2013 to 2020 increased year on year between 2013 and 2019 but decreased in 2020. In 2013, the value of payments amounted to approximately 4.5 billion euros and this value had risen to 8.8 billion euros by 2019. In 2020, the value of payments with cards with a credit function in Germany dropped to 7.5 billion Euros. Over half of Germans own a credit card, on average, with 0.52 credit cards per capita in 2019. Originally denominated in euros, the data was converted to U.S. dollars by Statista to allow for cross-country comparisons worldwide.
Value of payments with cards with a credit function, issued by resident PSPs, in Germany from 2007 to 2020
USD figures have been calculated by Statista. For more information, see the "Details" tab; No numbers were provided for credit cards from non-resident PSPs
Supplementary notes
The figures have been taken from several publications.
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Statista. (July 23, 2021). Value of payments with cards with a credit function, issued by resident PSPs, in Germany from 2007 to 2020 [Graph]. In Statista. Retrieved August 12, 2022, from https://www.statista.com/statistics/918428/value-of-payments-with-cards-with-a-credit-function-germany/
Statista. "Value of payments with cards with a credit function, issued by resident PSPs, in Germany from 2007 to 2020." Chart. July 23, 2021. Statista. Accessed August 12, 2022. https://www.statista.com/statistics/918428/value-of-payments-with-cards-with-a-credit-function-germany/
Statista. (2021). Value of payments with cards with a credit function, issued by resident PSPs, in Germany from 2007 to 2020. Statista. Statista Inc.. Accessed: August 12, 2022. https://www.statista.com/statistics/918428/value-of-payments-with-cards-with-a-credit-function-germany/
Statista. "Value of Payments with Cards with a Credit Function, Issued by Resident Psps, in Germany from 2007 to 2020." Statista, Statista Inc., 23 Jul 2021, https://www.statista.com/statistics/918428/value-of-payments-with-cards-with-a-credit-function-germany/
Statista, Value of payments with cards with a credit function, issued by resident PSPs, in Germany from 2007 to 2020 Statista, https://www.statista.com/statistics/918428/value-of-payments-with-cards-with-a-credit-function-germany/ (last visited August 12, 2022)
