1. ReportLinker Data
  2. Financial Services
  3. Banking
  4. Payments
  5. Debit Card
  6. Direct Debit Transaction
  7. Value of Direct Debit Tr…

Value of direct debit transfers in Belgium: Raise in 2016

Direct debit transfers value grew by 8.84 percent in comparison to the previous year, according to data announced by Bank for International Settlements. The variable increased from 112.46 billion US Dollars to 122.4 billion US Dollars, versus the prior year when it decreased by 29.38 percent. Belgium saw a rise of 53.46% in direct debit transfers value during the last 10 years. Furthermore, it has had a raise at a 0.06 percent CAGR over the last 5 years with a negligible overall growth since the 2007. It averaged 101.6 billion US Dollars from 2007 to 2016 and it attained its all-time high of 159.25 billion US Dollars in 2014 and record low of 73.18 billion US Dollars in 2010.

Value of direct debit transfers in Belgium: Raise in 2016
Date Billion US Dollars Variation
2016 122.40 8.84
2015 112.46 -29.38
2014 159.25 53.23
2013 103.93 13.61
2012 91.48 -1.46
2011 92.84 26.87
2010 73.18 -16.55
2009 87.69 -5.76
2008 93.05 16.66
2007 79.76 N/A

Related Statistics

Direct Debit 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.