In 2023, the United States led with 53.9 cheque payments per inhabitant, followed by France with 33.73. Canada trailed with 18.1, Singapore had 11.88, and the United Kingdom reported 8.57. Australia and Korea saw lower figures of 5.86 and 5.02, respectively. Brazil, Italy, and Mexico recorded the lowest figures among these countries, with Mexico at 2.59 payments per person. Over the last two years, cheque usage showed a declining trend globally. The five-year CAGR indicates a continued decrease in cheque reliance as digital transactions gain prominence.
Future trends to watch include increased adoption of electronic payment methods, driven by technological advancements and efficiency needs. Countries with a higher number of cheque payments may see accelerated declines as innovations in fintech continue to reshape the payments landscape.
Top countries in Countries With the the Highest Number of Cheque Payments per Inhabitant
| # | 10 Countries | Units | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 53.9 | 2015 | |
| 2 | 2 France | 33.73 | 2015 | |
| 3 | 3 Canada | 18.1 | 2015 | |
| 4 | 4 Singapore | 11.88 | 2015 | |
| 5 | 5 United Kingdom | 8.57 | 2015 | |
| 6 | 6 Australia | 5.86 | 2015 | |
| 7 | 7 Korea | 5.02 | 2015 | |
| 8 | 8 Brazil | 4.98 | 2015 | |
| 9 | 9 Italy | 3.45 | 2015 | |
| 10 | 10 Mexico | 2.59 | 2015 |
