The number of cards with a debit function in France has shown a significant decline over the years, dropping from 80.08 million units in 2013 to 39.28 million units in 2023. The most substantial year-on-year decrease occurred in 2014, with a drop of 30.99%. Over the last two years, there was a decrease of 9.03% in 2022 and 4.6% in 2023. The Compound Annual Growth Rate (CAGR) from the years leading up to 2023 was -4.95%, highlighting a consistent downward trend.
Looking ahead, forecasted data indicates a continued decline in the number of debit function cards, with an anticipated drop to 29.51 million units by 2028. The forecasted 5-year CAGR remains negative at -4.6%, with an overall forecasted 20.99% reduction in card numbers by 2028.
Future trends to watch for include the increasing adoption of digital payment methods and fintech solutions, which may further accelerate the decline in physical debit cards. Monitoring developments in mobile payment systems, cryptocurrency adoption, and regulatory changes in the financial sector will be essential.