The global number of cards with a credit function per inhabitant shows significant variation across countries. As of 2023, the United States leads with 3.22 cards per person, followed by Japan with 2.22 and Canada with 2.12. Other high-ranking countries include South Korea (2) and Singapore (1.64).
Contrastingly, European countries have lower figures, with the United Kingdom at 0.92 and Germany at just 0.076. Emerging markets display lower penetration rates, such as China (0.59), India (0.039), and Russia (0.28).
Going forward, we expect digital payment adoption and financial inclusion initiatives to drive growth in credit card penetration, especially in emerging markets, shaping the global financial landscape.
Top countries in Number of Cards with a Credit Function per Inhabitant by Country
| # | 10 Countries | Units | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 3.22 | 2023 | View data |
| 2 | 2 Japan | 2.22 | 2023 | View data |
| 3 | 3 Canada | 2.12 | 2023 | View data |
| 4 | 4 South Korea | 2 | 2023 | View data |
| 5 | 5 Singapore | 1.64 | 2023 | View data |
| 6 | 6 United Kingdom | 0.92 | 2023 | View data |
| 7 | 7 Brazil | 0.89 | 2023 | View data |
| 8 | 8 Switzerland | 0.87 | 2023 | View data |
| 9 | 9 Australia | 0.85 | 2023 | View data |
| 10 | 10 Sweden | 0.66 | 2023 | View data |
