Saudi Arabia Credit Card Transaction is set to reach $11,420 Million by 2027 from $9,890 Million 2022, increased 4.5% per year. Since 2017, the demand rose 2.9% year on year reaching $6,940,300 Million. The country was number 19 in 2022, Germany overtook $9,890 Million. South Korea, Japan and Canada respectively came in numbers 2, 3 and 4 in this ranking.
How does Saudi Arabia 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 |
| 17 | 17 Indonesia | 21,590 | 2023 | +0.18% | +0.15% | View data |
| 18 | 18 Germany | 10,410 | 2023 | +3.21% | +2.54% | View data |
| 19 | 19 Saudi Arabia | 10,160 | 2023 | +2.64% | +2.16% | |
| 20 | 20 Belgium | 7,230 | 2023 | +0.18% | -0.66% | View data |
