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Value of Payments by Cards with a Credit Function in Australia

Australia Credit Card Transaction is set to reach $248,040 Million by 2026 from $251,120 Million 2021, grew 2.2% per year. Since 2017, the demand increased 5.6% year on year close to $7,139,800 Million. The country came in number 5 in 2021, Canada overtook $251,120 Million. South Korea, Japan and Canada respectively ranked numbers 2, 3 and 4 in this ranking.

How does Australia 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%
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