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Number of cards with a credit function per inhabitant in Russia: Growth in 2016

In comparison to 2015 number of cards with a credit function went up by 5%, refreshed data from Bank for International Settlements show. The indicator climbed from 0.2 to 0.21, contrarily to the prior year when it dropped by 9.09%. The overall changes for the previous 10 years reached a increase of 250%. As well as it has shown a rise at a 0.06 percent compound annual growth rate over the last five years with a overall raise since the start of observations. It averaged 0.14 from 2007 to 2016 and it attained its all-time high of 0.22 in 2014 and record low of 0.06 in 2009.

Number of cards with a credit function per inhabitant in Russia: Growth in 2016
Date Number Variation
2016 0.21 5
2015 0.20 -9.09
2014 0.22 10
2013 0.20 25
2012 0.16 45.45
2011 0.11 57.14
2010 0.07 16.67
2009 0.06 -14.29
2008 0.07 16.67
2007 0.06 N/A

Related Statistics

Number Of Credit Cards in other Countries

Main Credit Card Indicators

  • Credit Card Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of payment transactions performed with credit cards, i.e. cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Based on: Bank for International Settlements.

  • Number Of Credit Cards

    Number of credit cards used by a given population. Credit cards are understood as cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Based on: Bank for International Settlements.