Forecast: Value of Card Payments in Germany

The value of card payments in Germany showed an overall upward trend from 2013 to 2023, starting at $296.82 billion in 2013 and standing at $321.63 billion in 2023. The market experienced significant fluctuations, notably dipping in 2015 and 2020. Recent years saw more stability, with a modest 1.4% increase in 2023.

Year-on-year percentage variations reveal some volatility:

• 2014: +5.09%
• 2015: -12.65%
• 2016: +5.57%
• 2017: +2.04%
• 2018: +1.68%
• 2019: +1.62%
• 2020: -15.71%
• 2021: +28.41%
• 2022: -3.38%
• 2023: +1.4%

Over the last two years, the CAGR was 1.51%, and over the past five years leading to 2028, it is forecasted to be 1.09%.

Future trends to watch include the potential impact of digital payment technologies and regulatory changes. These factors may positively influence the market, supporting moderate growth through 2028.