As of 2023, NPISHs and Households revolving credit in the US stood at approximately 1.25 trillion USD. From 2024, we're seeing a forecast growth, rising steadily each year to reach 1.42 trillion USD by 2028. The year-on-year growth from 2024 to 2028 reflects 2.72% in 2025, 2.61% in 2026, 2.53% in 2027, and 2.44% in 2028. The Compound Annual Growth Rate over this period is 2.59%.
Future trends to watch for include:
- Potential impacts of economic factors such as interest rate changes, inflation, or shifts in consumer behavior on credit patterns.
- Technological advancements offering alternative credit solutions potentially influencing traditional revolving credit structures.
