The number of Direct Debit Transfers in Belgium, expressed in Million Units, shows significant variation from 2013 to 2023. In 2023, it stood at 571.97 Million Units. Over the past two years, the year-on-year variation recorded a 2.69% increase in 2023 and a 2.07% decrease in 2022. Evaluating the average annual growth over the last five years, the CAGR from 2018 to 2023 was 2.72%.
Future trends to watch for include a forecasted steady annual growth with a 5-year CAGR of 2%, projecting the value to reach approximately 651.92 Million Units by 2028. This indicates a moderate but consistent increase in the adoption of direct debit transfers in Belgium.
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