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: Raise in 2017

The variable rose by 10.43% in comparison to the year before, adjusted numbers from Bank for International Settlements pinpoint. Credit card payments number climbed by 0.75, as it follows the tendency of the previous year when it increased by 19.04%. It's new all-time high since 2007. Mexico saw an increase of 128.82% in credit card payments number over the past 11 years. Likewise, it has shown a raise at a 0.08% compound average annual growth rate during the last 5 years with a overall growth since the start of time series. It averaged 5.13 from 2007 to 2017 and it hit its minimum of 3.47 in 2007.

Number of payments per inhabitant by cards with a credit function in Mexico: Raise in 2017
Date Number Variation
2017 7.94 10.43
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

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.