Based on the data, the number of cards with a credit function per inhabitant in Turkey shows a consistent upward trend from 2024 to 2028. In 2023, this number stood at 0.86. The year-on-year growth percentages are as follows:
- 2024: 2.3% increase from 2023
- 2025: 2.3% increase from 2024
- 2026: 1.1% increase from 2025
- 2027: 1.1% increase from 2026
- 2028: 2.2% increase from 2027
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 averages at approximately 1.8% per year.
Future trends to watch for include technological advancements in payment methods, regulatory changes impacting credit card usage, and shifts in consumer behavior towards alternative credit instruments. Monitoring economic factors such as inflation and interest rates will also be crucial in understanding potential fluctuations in credit card adoption.
