As of 2023, Germany had 1.37 debit cards per inhabitant. Forecasted data from 2024 to 2028 shows a gradual increase in the number of cards with a debit function per inhabitant. The values for 2024 and 2025 remain stable at 1.38 cards per inhabitant. This number is projected to increase slightly to 1.39 in 2026 and 2027, and to 1.40 by 2028.
Year-on-year variation analysis:* 2024 vs. 2023: +0.73%* 2025 vs. 2024: 0.00%* 2026 vs. 2025: +0.72%* 2027 vs. 2026: 0.00%* 2028 vs. 2027: +0.72%
The Compound Annual Growth Rate (CAGR) over this five-year period from 2023 to 2028 is projected to be approximately +0.72% per year.
Future trends to watch include a continued increase in digital banking and payment solutions, as well as the potential for new debit card functionalities and services. Despite the gradual growth, the adoption rate of other payment methods such as mobile and digital wallets should also be monitored as they may impact the number of debit cards in circulation.
