Forecast: Number of Direct Debit Transfers in Argentina

Based on actual data of direct debit transfers in Argentina, there has been a notable upward trend over the last decade. From 2013 to 2023, the number of transfers grew significantly from 38.89 million units to 91.19 million units. This represents a robust compounded annual growth rate (CAGR) of 12.57% from 2017 to 2022 before a slowdown to 2.68% in 2023. Key variations included drops in 2019 and 2020, followed by a substantial recovery in 2021. Looking forward, the forecast from 2024 to 2028 suggests steady growth with a projected CAGR of 2.58%, reaching 107.83 million units in 2028, representing a 13.58% overall growth over 5 years starting from 2024.

Future trends to monitor:

• Impact of technological advancements in banking and payment systems on the volume of direct debit transfers.
• Economic factors and regulatory changes that may influence consumer behavior and business practices related to payments.
• Adoption of alternative payment methods which could either complement or compete with direct debit transfers.