Mexico Credit Card Industry Outlook 2022 - 2026

Key Market Indicators

In 2021, the number of credit cards in Mexico is estimated to reach 31,070 thousand units, a 0.7% increase compared to 2020. This is a decrease of 0.1% since 2017. Mexico ranks 11th in the world, overtaken by Russia. China, Japan and Brazil rank 2nd, 3rd and 4th respectively. Mexico's credit card transaction is set to reach $59,980 million by 2026 from $55,160 million in 2021, growing at an average rate of 1.6% year on year. Since 2017, Mexican demand has grown 6.4% year on year. The country ranks 12th in 2021, overtaken by Argentina. South Korea, Japan and Canada rank 2nd, 3rd and 4th respectively.

Mexico Credit Card Market Data and Forecasts

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