India Credit Card Transaction is set to reach $125,970 Million by 2026 from $101,800 Million 2021, was up 15.8% per year. Since 2017, the demand was up 5.6% year on year at $7,139,800 Million. The country ranked number 8 in 2021, Italy came ahead $101,800 Million. South Korea, Japan and Canada respectively ranked numbers 2, 3 and 4 in this ranking.
How does India rank in Value of Payments by Cards with a Credit Function?
| # | 20 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 4,042,200 | 2023 | +2.43% | +2.1% | View data |
| 2 | 2 South Korea | 669,260 | 2023 | +1.97% | +1.63% | View data |
| 3 | 3 Japan | 618,560 | 2023 | +1.38% | +0.49% | View data |
| 4 | 4 Canada | 440,260 | 2023 | +1.23% | +0.81% | View data |
| 5 | 5 Australia | 237,700 | 2023 | -0.3% | -0.56% | View data |
| 6 | 6 United Kingdom | 237,410 | 2023 | +1.02% | +0.64% | View data |
| 7 | 7 Brazil | 230,510 | 2023 | -0.27% | -0.6% | View data |
| 8 | 8 India | 106,520 | 2023 | +4.65% | +3.86% | |
| 9 | 9 Italy | 99,400 | 2023 | +2.21% | +0.96% | View data |
| 10 | 10 Argentina | 56,120 | 2023 | +1.76% | +3.28% | View data |