Credit cards in Romania 2017-2018

As of 2018, Romania has a population of 19.5 millions with a GDP(gross domestic product) of €204.6 billions. This translates into €10.5 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.3% of the EU total GDP.

As at 31st December 2018, there are 17,409,900 payment cards issued in Romania(0.89 cards per capita), an increase of 1,015,400 or 6.19% compares to 16,394,500 in 2017. There are 2,899,300 credit cards in Romania as at 31st December 2018, an increase of 84,100 or 2.99% compares to 2,815,200 in 2017. Debit cards increase by 935,200 or 6.89% to 14,514,500 in 2018, compares to 13,579,300 in 2017.

Total Card Payments in Volume and Value
For 2018, there are 634.8 millions of card payment transactions in Romania(a low 32.55 transactions per capita), a significant increase of 173.9 millions or 37.73% compares to 460.9 millions in 2017. Out of these transactions, 70.3 millions or 11.07% is paid by credit cards, an increase of 12.3 millions or 21.21% compares to 58.0 millions in 2017. The rest of card payment transactions(564.5 millions) are paid by debit cards, a significant increase of 161.6 millions or 40.11% compares to 402.9 millions in 2017. Romania total card payment transactions volume contributes a low 0.8% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €4.2 billions or 30.66% to €17.9 billions(€0.92 thousands per capita) in 2018, compares to €13.7 in 2017. This also translates into €28.2 per card payment transaction, a decrease compares to €29.7 in 2017. Out of these transactions, €2.6 billions or 14.53% is paid by credit cards, an increase of €0.5 billions or 23.81% compares to €2.1 billions in 2017. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €15.3 billions in value is paid by debit cards, an increase of €3.8 billions or 33.04% compares to €11.5 billions in 2017. Romania total card payment transactions value contributes a low 0.5% to the EU total value of transactions.

Credit cards in Romania 2016-2017

As of 2017, Romania has a population of 19.6 millions with a GDP(gross domestic product) of €187.5 billions. This translates into €9.6 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.2% of the EU total GDP.

As at 31st December 2017, there are 16,394,500 payment cards issued in Romania(0.84 cards per capita), an increase of 494,700 or 3.11% compares to 15,899,800 in 2016. There are 2,815,200 credit cards in Romania as at 31st December 2017, a decrease of 10,000 or 0.35% compares to 2,825,200 in 2016. Debit cards increase by 504,700 or 3.86% to 13,579,300 in 2017, compares to 13,074,600 in 2016.

Total Card Payments in Volume and Value
For 2017, there are 460.9 millions of card payment transactions in Romania(a low 23.52 transactions per capita), a significant increase of 110.8 millions or 31.65% compares to 350.1 millions in 2016. Out of these transactions, 58.0 millions or 12.58% is paid by credit cards, an increase of 8.4 millions or 16.94% compares to 49.6 millions in 2016. The rest of card payment transactions(402.9 millions) are paid by debit cards, a significant increase of 102.5 millions or 34.12% compares to 300.4 millions in 2016. Romania total card payment transactions volume contributes a low 0.7% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €2.9 billions or 26.85% to €13.7 billions(€0.70 thousands per capita) in 2017, compares to €10.8 in 2016. This also translates into €29.7 per card payment transaction, a decrease compares to €30.8 in 2016. Out of these transactions, €2.1 billions or 15.33% is paid by credit cards, an increase of €0.3 billions or 16.67% compares to €1.8 billions in 2016. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €11.5 billions in value is paid by debit cards, an increase of €2.6 billions or 29.21% compares to €8.9 billions in 2016. Romania total card payment transactions value contributes a low 0.4% to the EU total value of transactions.

Credit cards in Romania 2015-2016

As of 2016, Romania has a population of 19.7 millions with a GDP(gross domestic product) of €170.9 billions. This translates into €8.7 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.1% of the EU total GDP.

As at 31st December 2016, there are 15,899,800 payment cards issued in Romania(0.81 cards per capita), an increase of 1,025,300 or 6.89% compares to 14,874,500 in 2015. There are 2,825,200 credit cards in Romania as at 31st December 2016, an increase of 345,900 or 13.95% compares to 2,479,300 in 2015. Debit cards increase by 679,400 or 5.48% to 13,074,600 in 2016, compares to 12,395,200 in 2015.

Total Card Payments in Volume and Value
For 2016, there are 350.1 millions of card payment transactions in Romania(a low 17.77 transactions per capita), a significant increase of 73.4 millions or 26.53% compares to 276.7 millions in 2015. Out of these transactions, 49.6 millions or 14.17% is paid by credit cards, an increase of 7.2 millions or 16.98% compares to 42.4 millions in 2015. The rest of card payment transactions(300.4 millions) are paid by debit cards, a significant increase of 66.1 millions or 28.21% compares to 234.3 millions in 2015. Romania total card payment transactions volume contributes a low 0.6% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €2.1 billions or 24.14% to €10.8 billions(€0.55 thousands per capita) in 2016, compares to €8.7 in 2015. This also translates into €30.8 per card payment transaction, a decrease compares to €31.6 in 2015. Out of these transactions, €1.8 billions or 16.67% is paid by credit cards, an increase of €0.3 billions or 20% compares to €1.5 billions in 2015. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €8.9 billions in value is paid by debit cards, an increase of €1.7 billions or 23.61% compares to €7.2 billions in 2015. Romania total card payment transactions value contributes a low 0.4% to the EU total value of transactions.

Credit cards in Romania 2014-2015

As of 2015, Romania has a population of 19.87 millions with a GDP(gross domestic product) of €160.35 billions. This translates into €8.07 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.09% of the EU total GDP.

As at 31st December 2015, there are 14,874,550 payment cards issued in Romania(0.75 cards per capita), an increase of 428,370 or 2.97% compares to 14,446,180 in 2014. There are 2,479,330 credit cards in Romania as at 31st December 2015, an increase of 177,690 or 7.72% compares to 2,301,640 in 2014. Debit cards increase by 250,270 or 2.06% to 12,395,250 in 2015, compares to 12,144,980 in 2014.

Total Card Payments in Volume and Value
For 2015, there are 276.70 millions of card payment transactions in Romania(a low 13.93 transactions per capita), a significant increase of 48.33 millions or 21.16% compares to 228.37 millions in 2014. Out of these transactions, 42.36 millions or 15.31% is paid by credit cards, an increase of 3.60 millions or 9.29% compares to 38.76 millions in 2014. The rest of card payment transactions(234.34 millions) are paid by debit cards, a significant increase of 44.73 millions or 23.59% compares to 189.61 millions in 2014. Romania total card payment transactions volume contributes a low 0.52% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €1.38 billions or 18.75% to €8.74 billions(€0.44 thousands per capita) in 2015, compares to €7.36 in 2014. This also translates into €31.6 per card payment transaction, a decrease compares to €32.4 in 2014. Out of these transactions, €1.47 billions or 16.82% is paid by credit cards, an increase of €0.16 billions or 12.21% compares to €1.31 billions in 2014. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €7.27 billions in value is paid by debit cards, an increase of €1.22 billions or 20.17% compares to €6.05 billions in 2014. Romania total card payment transactions value contributes a low 0.34% to the EU total value of transactions.

Credit cards in Romania 2013-2014

As of 2014, Romania has a population of 19.91 millions with a GDP(gross domestic product) of €150.23 billions. This translates into €7.54 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.07% of the EU total GDP.

As at 31st December 2014, there are 14,446,180 payment cards issued in Romania(0.73 cards per capita), an increase of 299,130 or 2.11% compares to 14,147,050 in 2013. There are 2,301,640 credit cards in Romania as at 31st December 2014, an increase of 74,320 or 3.34% compares to 2,227,320 in 2013. Debit cards increase by 217,810 or 1.83% to 12,144,980 in 2014, compares to 11,927,170 in 2013.

Total Card Payments in Volume and Value
For 2014, there are 228.37 millions of card payment transactions in Romania(a low 11.47 transactions per capita), a significant increase of 40.70 millions or 21.69% compares to 187.67 millions in 2013. Out of these transactions, 38.76 millions or 16.97% is paid by credit cards, a significant increase of 7.20 millions or 22.81% compares to 31.56 millions in 2013. The rest of card payment transactions(189.61 millions) are paid by debit cards, a significant increase of 33.50 millions or 21.46% compares to 156.11 millions in 2013. Romania total card payment transactions volume contributes a low 0.48% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €1.07 billions or 17.01% to €7.36 billions(€0.37 thousands per capita) in 2014, compares to €6.29 in 2013. This also translates into €32.4 per card payment transaction, a decrease compares to €33.5 in 2013. Out of these transactions, €1.31 billions or 17.80% is paid by credit cards, an increase of €0.24 billions or 22.43% compares to €1.07 billions in 2013. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €6.05 billions in value is paid by debit cards, an increase of €0.83 billions or 15.90% compares to €5.22 billions in 2013. Romania total card payment transactions value contributes a low 0.32% to the EU total value of transactions.

Credit cards in Romania 2012-2013

As of 2013, Romania has a population of 19.99 millions with a GDP(gross domestic product) of €144.25 billions. This translates into €7.22 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.07% of the EU total GDP.

As at 31st December 2013, there are 14,147,050 payment cards issued in Romania(0.71 cards per capita), an increase of 442,040 or 3.23% compares to 13,705,010 in 2012. There are 2,227,320 credit cards in Romania as at 31st December 2013, a decrease of 45,930 or 2.02% compares to 2,273,250 in 2012. Debit cards increase by 488,490 or 4.27% to 11,927,170 in 2013, compares to 11,438,680 in 2012.

Total Card Payments in Volume and Value
For 2013, there are 187.67 millions of card payment transactions in Romania(a low 9.39 transactions per capita), a significant increase of 29.59 millions or 18.72% compares to 158.08 millions in 2012. Out of these transactions, 31.56 millions or 16.82% is paid by credit cards, a significant increase of 4.27 millions or 15.65% compares to 27.29 millions in 2012, despite the 2.02% decrease in the number of credit cards issued. The rest of card payment transactions(156.11 millions) are paid by debit cards, a significant increase of 25.32 millions or 19.36% compares to 130.79 millions in 2012. Romania total card payment transactions volume contributes a low 0.43% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €0.82 billions or 14.99% to €6.29 billions(€0.31 thousands per capita) in 2013, compares to €5.47 in 2012. This also translates into €33.5 per card payment transaction, a decrease compares to €34.6 in 2012. Out of these transactions, €1.07 billions or 17.01% is paid by credit cards, an increase of €0.13 billions or 13.83% compares to €0.94 billions in 2012. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €5.22 billions in value is paid by debit cards, an increase of €0.70 billions or 15.49% compares to €4.52 billions in 2012. Romania total card payment transactions value contributes a low 0.29% to the EU total value of transactions.

Credit cards in Romania 2011-2012

As of 2012, Romania has a population of 20.06 millions with a GDP(gross domestic product) of €133.51 billions. This translates into €6.66 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.00% of the EU total GDP.

As at 31st December 2012, there are 13,705,010 payment cards issued in Romania(0.68 cards per capita), an increase of 356,480 or 2.67% compares to 13,348,530 in 2011. There are 2,273,250 credit cards in Romania as at 31st December 2012, an increase of 116,960 or 5.42% compares to 2,156,290 in 2011. Debit cards increase by 235,780 or 2.10% to 11,438,680 in 2012, compares to 11,202,900 in 2011.

Total Card Payments in Volume and Value
For 2012, there are 158.08 millions of card payment transactions in Romania(a low 7.88 transactions per capita), a significant increase of 27.70 millions or 21.25% compares to 130.38 millions in 2011. Out of these transactions, 27.29 millions or 17.26% is paid by credit cards, a significant increase of 4.86 millions or 21.67% compares to 22.43 millions in 2011, inline with the 5.42% increase in the number of credit cards issued. The rest of card payment transactions(130.79 millions) are paid by debit cards, a significant increase of 22.84 millions or 21.16% compares to 107.95 millions in 2011. Romania total card payment transactions volume contributes a low 0.40% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €0.65 billions or 13.49% to €5.47 billions(€0.27 thousands per capita) in 2012, compares to €4.82 in 2011. This also translates into €34.6 per card payment transaction, a marginal decrease compares to €37.0 in 2011. Out of these transactions, €0.94 billions or 17.18% is paid by credit cards, an increase of €0.12 billions or 14.63% compares to €0.82 billions in 2011. A good growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €4.52 billions in value is paid by debit cards, an increase of €0.52 billions or 13.00% compares to €4.00 billions in 2011. Romania total card payment transactions value contributes a low 0.27% to the EU total value of transactions.

Credit cards in Romania 2010-2011

As of 2011, Romania has a population of 20.15 millions with a GDP(gross domestic product) of €133.31 billions. This translates into €6.62 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.02% of the EU total GDP.

As at 31st December 2011, there are 13,348,530 payment cards issued in Romania(0.66 cards per capita), an increase of 744,300 or 5.19% compares to 12,604,230 in 2010. There are 2,156,290 credit cards in Romania as at 31st December 2011, a decrease of 84,720 or 3.78% compares to 2,241,010 in 2010. Debit cards increase by 600,810 or 5.67% to 11,202,900 in 2011, compares to 10,602,090 in 2010.

Total Card Payments in Volume and Value
For 2011, there are 130.38 millions of card payment transactions in Romania(a low 6.47 transactions per capita), a significant increase of 25.11 millions or 23.85% compares to 105.27 millions in 2010. Out of these transactions, 22.43 millions or 17.20% is paid by credit cards, a significant increase of 4.76 millions or 26.94% compares to 17.67 millions in 2010, although there is 3.78% decrease in the number of credit cards issued. The rest of card payment transactions(107.95 millions) are paid by debit cards, a significant increase of 20.34 millions or 23.22% compares to 87.61 millions in 2010. Romania total card payment transactions volume contributes a low 0.35% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €0.95 billions or 24.55% to €4.82 billions(€0.24 thousands per capita) in 2011, compares to €3.87 in 2010. This also translates into €37.0 per card payment transaction, a marginal decrease compares to €37.8 in 2010. Out of these transactions, €0.82 billions or 17.01% is paid by credit cards, an increase of €0.23 billions or 38.98% compares to €0.59 billions in 2010. A significant growth on credit card spending, which is inline with the increase of credit card transactions volume. The rest of card payments, €4 billions in value is paid by debit cards, an increase of €0.73 billions or 22.32% compares to €3.27 billions in 2010. Romania total card payment transactions value contributes a low 0.25% to the EU total value of transactions.

Credit cards in Romania 2009-2010

As of 2010, Romania has a population of 20.25 millions with a GDP(gross domestic product) of €126.75 billions. This translates into €6.26 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 0.99% of the EU total GDP.

As at 31st December 2010, there are 12,831,360 payment cards issued in Romania(0.63 cards per capita), a decrease of 205,480 or 1.58% compares to 13,036,840 in 2009. There are 2,241,010 credit cards in Romania as at 31st December 2010, a decrease of 94,040 or 4.03% compares to 2,335,050 in 2009. Debit cards decrease by 116,010 or 1.08% to 10,602,090 in 2010, compares to 10,718,100 in 2009.

Total Card Payments in Volume and Value
For 2010, there are 105.27 millions of card payment transactions in Romania(a low 5.20 transactions per capita), a significant increase of 17.76 millions or 20.29% compares to 87.51 millions in 2009. Out of these transactions, 17.67 millions or 16.79% is paid by credit cards, an increase of 0.49 millions or 2.85% compares to 17.18 millions in 2009. The rest of card payment transactions(87.61 millions) are paid by debit cards, a significant increase of 17.28 millions or 24.57% compares to 70.33 millions in 2009, although there is 1.58% decrease in the number of debit cards issued. Romania total card payment transactions volume contributes a low 0.31% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is an increase of €0.59 billions or 17.40% to €3.98 billions(€0.20 thousands per capita) in 2010, compares to €3.39 in 2009. This also translates into €37.8 per card payment transaction, a decrease compares to €38.7 in 2009. Out of these transactions, €0.65 billions or 16.33% is paid by credit cards, an increase of €0.07 billions or 12.07% compares to €0.58 billions in 2009. This shows the reduction in number of credit cards issued and transactions volume did not afffect the credit card spending growth. The rest of card payments, €3.33 billions in value is paid by debit cards, an increase of €0.52 billions or 18.51% compares to €2.81 billions in 2009. Romania total card payment transactions value contributes a low 0.22% to the EU total value of transactions.

Credit cards in Romania 2008-2009

As of 2009, Romania has a population of 21.47 millions with a GDP(gross domestic product) of €118.20 billions. This translates into €5.51 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.00% of the EU total GDP.

As at 31st December 2009, there are 13,036,840 payment cards issued in Romania(0.61 cards per capita), a decrease of 489,550 or 3.62% compares to 13,526,390 in 2008. There are 2,335,050 credit cards in Romania as at 31st December 2009, a significant decrease of 407,430 or 14.86% compares to 2,742,480 in 2008. Debit cards decrease by 113,210 or 1.05% to 10,718,100 in 2009, compares to 10,831,310 in 2008.

Total Card Payments in Volume and Value
For 2009, there are 87.51 millions of card payment transactions in Romania(a low 4.08 transactions per capita), a significant increase of 11.63 millions or 15.33% compares to 75.88 millions in 2008. Out of these transactions, 17.18 millions or 19.63% is paid by credit cards, a decrease of 0.36 millions or 2.05% compares to 17.54 millions in 2008. The rest of card payment transactions(70.33 millions) are paid by debit cards, a significant increase of 12.01 millions or 20.59% compares to 58.32 millions in 2008, although there is 1.05% decrease on the number of debit cards issued. Romania total card payment transactions volume contributes a low 0.28% to the EU total number of transactions.

Romania total card payments in value is one of the lowest in Europe, there is a decrease of €0.53 billions or 13.52% to €3.39 billions(€0.16 thousands per capita) in 2009, compares to €3.92 in 2008. This also translates into €38.7 per card payment transaction, a significant decrease compares to €51.7 in 2008. This shows payment cards are being used for increasing smaller amount purchases in Romania. Out of these transactions, €0.58 billions or 17.11% is paid by credit cards, a decrease of €0.18 billions or 23.68% compares to €0.76 billions in 2008. The rest of card payments, €2.81 billions in value is paid by debit cards, a significant decrease of €0.34 billions or 10.79% compares to €3.15 billions in 2008. Romania total card payment transactions value contributes a low 0.21% to the EU total value of transactions.

Credit cards in Romania 2007-2008

As of 2008, Romania has a population of 21.50 millions with a GDP(gross domestic product) of €139.77 billions. This translates into €6.50 thousands of GDP per capita, one of the lowest in Europe. Romania contributes 1.12% of the EU total GDP.

As at 31st December 2008, there are 13,487,960 payment cards issued in Romania(0.63 cards per capita), a significant increase of 1,839,720 or 15.79% compares to 11,648,240 in 2007. There are 2,719,050 credit cards in Romania as at 31st December 2008, a whopping increase of 870,920 or 47.12% compares to 1,848,130 in 2007. Debit cards increase by 969,780 or 9.85% to 10,816,320 in 2008, compares to 9,846,540 in 2007.

Total Card Payments in Volume and Value
For 2008, there are 75.61 millions of card payment transactions in Romania(a low 3.52 transactions per capita), a whopping increase of 27.14 millions or 55.99% compares to 48.47 millions in 2007. Out of these transactions, 17.38 millions or 22.99% is paid by credit cards, an increase of 2.48 millions or 16.64% compares to 14.90 millions in 2007. This growth is contributed to the 47.12% increase in the number of credit cards issued in 2008. The rest of card payment transactions(58.23 millions) are paid by debit cards, a whopping increase of 24.66 millions or 73.46% compares to 33.57 millions in 2007, although there is only about 10% increase on the number of debit cards issued. Romania total card payment transactions volume contributes a low 0.26% to the EU total number of transactions.

Even though Romania total card payments in value is one of the lowest in Europe, there is a whopping increase of €1.42 billions or 57.03% to €3.91 billions(€0.18 thousands per capita) in 2008, compares to €2.49 in 2007. This also translates into €51.7 per card payment transaction, insignificant increase compares to €51.3 in 2007. Out of these transactions, €0.75 billions or 19.18% is paid by credit cards, an increase of €0.12 billions or 19.05% compares to €0.63 billions in 2007. This is influence by increase on the number of credit cards issued. The rest of card payments, €3.15 billions in value is paid by debit cards, a whopping increase of €1.29 billions or 69.35% compares to €1.86 billions in 2007. This is in accordance with the increase in debit cards number of transactions. Romania total card payment value contributes a mere 0.23% to the EU total transactions value.