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  7. Number of Payments by Ca…

Number of payments by cards with a credit function in Turkey: Growth in 2016

The indicator grew by 6.46% in 2016, according to updated data issued by Bank for International Settlements. It illustrates the all-time high since 2007 as credit card payments number rose by 190.38 millions, as it follows the tendency of the previous year when it went up by 7.61 percent. Turkey saw a raise of 129.04% in credit card payments number over the past 10 years. Likewise, it has had a increase at a 0.05 percent compound annual growth rate over the last 5 years with a slight overall growth since the start of time series. It averaged 2 276.42 millions from 2007 to 2016 and it reached its minimum of 1 370.22 millions in 2007.

Number of payments by cards with a credit function in Turkey: Growth in 2016
Date Millions Variation
2016 3 138.35 6.46
2015 2 947.97 7.61
2014 2 739.41 3.76
2013 2 640.09 8.77
2012 2 427.25 11.26
2011 2 181.60 11.43
2010 1 957.82 11.5
2009 1 755.88 9.36
2008 1 605.65 17.18
2007 1 370.22 N/A

Related Statistics

Credit Card Transaction 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.