1. ReportLinker Data
  2. Financial Services
  3. Banking
  4. Payments
  5. Credit Card
  6. Credit Card Transaction
  7. Number of Payments per I…

Number of payments per inhabitant by cards with a credit function in Mexico increases in 2016

The indicator increased by 19.04% compared with the prior year, according to numbers issued by Bank for International Settlements. It's the highest record in its history since 2007 as credit card payments number went up by 1.15, as it follows the tendency of the previous year when it rose by 6.15%. The overall changes for the prior 10 years hit a increase of 107.2%. Furthermore, it has had a 0.07% CAGR during the last 5 years with a overall growth since the start of observations. It averaged 4.84 from 2007 to 2016 and it attained its minimum of 3.47 in 2007.

Number of payments per inhabitant by cards with a credit function in Mexico increases in 2016
Date Number Variation
2016 7.19 19.04
2015 6.04 6.15
2014 5.69 4.02
2013 5.47 8.53
2012 5.04 11.75
2011 4.51 18.68
2010 3.80 8.26
2009 3.51 -5.9
2008 3.73 7.49
2007 3.47 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.