In 2023, the value per inhabitant of card payments in Brazil stood at 1.80 thousand US dollars. The forecasted data indicates a gradual increase: 1.82 in 2024, 1.84 in 2025, 1.87 in 2026, 1.89 in 2027, and 1.92 in 2028. This represents a consistent year-on-year growth, expected to be around 1.1% annually over the next two years. The compound annual growth rate (CAGR) for this five-year period is approximately 1.33%.
Future trends to watch for:
- Increasing adoption of digital payment solutions as part of the broader digitization trend in Brazil.
- Potential regulatory changes impacting card fee structures and affecting consumer usage patterns.
- Economic factors such as inflation and consumer spending habits influencing the card payment landscape.