The number of cards with a debit function per inhabitant in Italy in 2023 stood at 1.05. From 2024 onwards, the forecasted data indicate a steady increase: 1.07 in 2024, 1.09 in 2025, 1.11 in 2026, 1.14 in 2027, and 1.16 in 2028.
Year-on-year percentage variations:
- 2024 to 2025: 1.87% increase
- 2025 to 2026: 1.83% increase
- 2026 to 2027: 2.70% increase
- 2027 to 2028: 1.75% increase
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 1.65%, indicating a consistent, moderate growth rate of debit card usage among the population over these five years.
Future trends to watch:
- Increased adoption of digital and contactless payments driven by technological advancements.
- Potential regulatory changes aimed at enhancing financial inclusion and digital transactions.
- Behavioral shifts towards cashless transactions accelerated by changing consumer preferences and economic factors.
