Analyzing the value of POS transactions in Turkey from 2013 to 2023 reveals fluctuating trends with a notable dip in 2020 due to economic disruption, followed by a significant recovery in 2021. By 2023, the POS transaction value stood at 224.68 Billion US Dollars, reflecting a modest year-on-year increase of 1.89%. However, the average annual growth over the past five years settled at 2.05% CAGR.
Looking ahead, forecast data up to 2028 suggests a consistent annual growth rate of 1.44%, culminating in a total growth of 7.41% over the five-year forecast period. Future trends to watch for include technological advancements in payment systems, economic conditions influencing consumer spending, and regulatory changes in the financial sector.
