Singapore Credit Card Transaction is set to reach $55,520 Million by 2026 from $49,660 Million 2021, jumped by 6.3% per year. Since 2017, the demand was up 5.6% year on year reaching $7,139,800 Million. The country was number 13 in 2021, Mexico came ahead $49,660 Million. South Korea, Japan and Canada respectively came in numbers 2, 3 and 4 in this ranking.
How does Singapore rank in Value of Payments by Cards with a Credit Function?
| # | 20 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 4,042,200 | 2023 | +2.43% | +2.1% | View data |
| 2 | 2 South Korea | 669,260 | 2023 | +1.97% | +1.63% | View data |
| 3 | 3 Japan | 618,560 | 2023 | +1.38% | +0.49% | View data |
| 4 | 4 Canada | 440,260 | 2023 | +1.23% | +0.81% | View data |
| 5 | 5 Australia | 237,700 | 2023 | -0.3% | -0.56% | View data |
| 10 | 10 Argentina | 56,120 | 2023 | +1.76% | +3.28% | View data |
| 11 | 11 Mexico | 54,410 | 2023 | +1.74% | +1.16% | View data |
| 12 | 12 Singapore | 49,370 | 2023 | +2.13% | +1.36% | |
| 13 | 13 Switzerland | 47,820 | 2023 | +1.74% | +1.29% | View data |
| 14 | 14 Russia | 44,810 | 2023 | +3.87% | +3.07% | View data |
