As of 2023, the number of debit cards per inhabitant in the US was steady at 1.00. The forecast suggests a gradual increase from 2024 onwards, reaching approximately 1.03 by 2028. This reflects an average annual growth rate (CAGR) of 0.7% over the five years. The year-on-year increase is consistent at around 1% from 2025 to 2028.

Future trends to watch for:

Adoption of digital and mobile payment solutions possibly affecting debit card usage.
Regulatory changes impacting debit card issuance and usage in financial institutions.
Potential economic factors influencing consumer behavior towards digital banking tools.