Brazil Credit Card Industry Outlook 2022 - 2026

Key Market Indicators

Brazil's credit card transaction market is set to reach $240.8 billion by 2026, according to a recent study. This figure represents a 0.1% annual growth since 2021, when the market was valued at $243.3 billion. Year-on-year demand has risen 4% since 2017. In 2021, Brazil ranked 7th, with Australia in the lead at $243.3 billion. South Korea, Japan, and Canada followed at 2nd, 3rd, and 4th respectively. The country is set to see a 1.1% yearly growth in the number of credit cards over the same period, reaching 198.8 million units by 2026. Since 2017, Brazilian supply has jumped 4.9% year on year. Japan was the leader in 2021 with 189.1 million cards, while China, Japan, and Brazil took the 2nd, 3rd, and 4th spots.

Brazil Credit Card Market Data and Forecasts

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