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Value of payments by cards with a debit function in Sweden grows in 2016

In comparison with the previous year the variable increased by 7.82%, according to statistics published by Bank for International Settlements. Debit card payments value climbed by 6.2 billion US Dollars, versus the previous year when it decreased by 24.32%. The overall changes for the prior 10 years attained a increase of 21.1%. Though, it has shown a decline at a 0.01% average annual growth rate over the five years with a sharp overall growth since the start of time series. It averaged 84.86 billion US Dollars from 2007 to 2016 and it reached its all-time high of 104.75 billion US Dollars in 2014 and record low of 70.58 billion US Dollars in 2007.

Value of payments by cards with a debit function in Sweden grows in 2016
Date Billion US Dollars Variation
2016 85.47 7.82
2015 79.27 -24.32
2014 104.75 3.74
2013 100.97 10.91
2012 91.04 2.46
2011 88.85 13.72
2010 78.13 10.6
2009 70.64 -10.51
2008 78.94 11.84
2007 70.58 N/A

Related Statistics

Debit Card Transaction in other Countries

Main Debit Card Indicators

  • Debit Card Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of payment transactions performed with debit cards, i.e. cards which enable the holder to have purchases directly charged to funds on his/her account at a bank (may sometimes be combined with another function, such as that of a cash card or cheque guarantee card). Based on: Bank for International Settlements.

  • Direct Debit Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of direct debit transactions, i.e. preauthorised debits, possibly recurrent, of the payer' account by the payee. Both one-off and recurrent direct debits are included. In the case of recurrent direct debits, each individual payment is counted as one transaction. Payments are counted on the payee' side. Cash payments out of the account using a bank form are not included. Based on: Bank for International Settlements.

  • Number Of Debit Card

    Number of debit cards in circulation, not the number of accounts to which the cards are linked. Debit cards are understood as cards which enable the holder to have purchases directly charged to funds on his/her account at a bank (may sometimes be combined with another function, such as that of a cash card or cheque guarantee card). Based on: Bank for International Settlements.