Credit Cards in Ireland 2017-2018

As of 2018, Ireland has a population of 4.9 millions with a GDP(gross domestic product) of €327.0 billions. This translates into €67.3 thousands of GDP per capita, one of the highest in Europe. Ireland contributes 2.1% of the EU total GDP.

As at 31st December 2018, there are 7,510,500 payment cards issued in Ireland(1.53 cards per capita), an increase of 395,100 or 5.55% compares to 7,115,400 in 2017. There are 1,969,000 credit cards in Ireland as at 31st December 2018, an increase of 227,700 or 13.08% compares to 1,741,300 in 2017. Debit cards increase by 188,100 or 3.99% to 4,904,200 in 2018, compares to 4,716,100 in 2017.

Total Card Payments in Volume and Value
For 2018, there are 127.4 millions payment transactions paid by credit cards, an increase of 14.0 millions or 12.35% compares to 113.4 millions in 2017. The rest of card payment transactions(853.0 millions) are paid by debit cards, an increase of 165.2 millions or 24.02% compares to 687.8 millions in 2017. Ireland total card payment transactions volume contributes 1.4% to the EU total number of transactions.

The total card payments for 2018 is €52.2 billions in value(€10.65 thousands per capita), an increase of €5.9 billions or 12.74% compares to €46.3 billions in 2017. There are €9.8 billions payment paid by credit cards, an increase of €0.8 billions or 8.89% compares to €9.0 billions in 2017. The rest of card payments, €35.6 billions in value is paid by debit cards, an increase of €4.6 billions or 14.84% compares to €31.0 billions in 2017. Ireland total card payment value contributes 1.6% to the EU total transactions value.

Credit Cards in Ireland 2016-2017

As of 2017, Ireland has a population of 4.8 millions with a GDP(gross domestic product) of €297.1 billions. This translates into €61.9 thousands of GDP per capita, one of the highest in Europe. Ireland contributes 1.9% of the EU total GDP.

As at 31st December 2017, there are 7,115,400 payment cards issued in Ireland(1.48 cards per capita), a decrease of 24,600 or 0.34% compares to 7,140,000 in 2016. There are 1,741,300 credit cards in Ireland as at 31st December 2017, a decrease of 82,700 or 4.53% compares to 1,824,000 in 2016. Debit cards increase by 217,700 or 4.84% to 4,716,100 in 2017, compares to 4,498,400 in 2016.

Total Card Payments in Volume and Value
For 2017, there are 907.1 millions of card payment transactions in Ireland(188.98 transactions per capita), an increase of 146.4 millions or 19.25% compares to 760.7 millions in 2016. Out of these transactions, 113.4 millions or 12.50% is paid by credit cards, an increase of 7.8 millions or 7.39% compares to 105.6 millions in 2016. The rest of card payment transactions(687.8 millions) are paid by debit cards, an increase of 123.4 millions or 21.86% compares to 564.4 millions in 2016. Ireland total card payment transactions volume contributes 1.3% to the EU total number of transactions.

The total card payments for 2017 is €46.3 billions in value(€9.65 thousands per capita), an increase of €5.2 billions or 12.65% compares to €41.1 billions in 2016. This also translates into €51.0 per card payment transaction, a smaller amount compares to €54.0 in 2016. Out of these transactions, €9.0 billions or 19.44% is paid by credit cards, an increase of €0.3 billions or 3.45% compares to €8.7 billions in 2016. The rest of card payments, €31.0 billions in value is paid by debit cards, an increase of €4.2 billions or 15.67% compares to €26.8 billions in 2016. Ireland total card payment value contributes 1.5% to the EU total transactions value.

Credit Cards in Ireland 2015-2016

As of 2016, Ireland has a population of 4.7 millions with a GDP(gross domestic product) of €273.2 billions. This translates into €57.5 thousands of GDP per capita, one of the highest in Europe. Ireland contributes 1.8% of the EU total GDP.

As at 31st December 2016, there are 7,140,000 payment cards issued in Ireland(1.52 cards per capita), an increase of 614,000 or 9.41% compares to 6,526,000 in 2015. There are 1,824,000 credit cards in Ireland as at 31st December 2016, a decrease of 26,400 or 1.43% compares to 1,850,400 in 2015. Debit cards increase by 180,600 or 4.18% to 4,498,400 in 2016, compares to 4,317,800 in 2015.

Total Card Payments in Volume and Value
For 2016, there are 760.7 millions of card payment transactions in Ireland(161.85 transactions per capita), an increase of 137.4 millions or 22.04% compares to 623.3 millions in 2015. Out of these transactions, 105.6 millions or 13.88% is paid by credit cards, an increase of 19.6 millions or 22.79% compares to 86.0 millions in 2015. The rest of card payment transactions(564.4 millions) are paid by debit cards, an increase of 48.7 millions or 9.44% compares to 515.7 millions in 2015. Ireland total card payment transactions volume contributes 1.2% to the EU total number of transactions.

The total card payments for 2016 is €41.1 billions in value(€8.74 thousands per capita), an increase of €5.4 billions or 15.13% compares to €35.7 billions in 2015. This also translates into €54.0 per card payment transaction, a smaller amount compares to €57.3 in 2015. Out of these transactions, €8.7 billions or 21.17% is paid by credit cards, an increase of €1.6 billions or 22.54% compares to €7.1 billions in 2015. The rest of card payments, €26.8 billions in value is paid by debit cards, an increase of €0.5 billions or 1.90% compares to €26.3 billions in 2015. Ireland total card payment value contributes 1.4% to the EU total transactions value.

Credit Cards in Ireland 2014-2015

As of 2015, Ireland has a population of 4.6 millions with a GDP(gross domestic product) of €262.0 billions. This translates into €56.4 thousands of GDP per capita, one of the highest in Europe. Ireland contributes 1.8% of the EU total GDP.

As at 31st December 2015, there are 6,526,000 payment cards issued in Ireland(1.42 cards per capita), an increase of 304,000 or 4.89% compares to 6,222,000 in 2014. There are 1,850,400 credit cards in Ireland as at 31st December 2015, an increase of 303,800 or 19.64% compares to 1,546,600 in 2014. Debit cards decrease by 105,100 or 2.38% to 4,317,800 in 2015, compares to 4,422,900 in 2014.

Total Card Payments in Volume and Value
For 2015, there are 623.3 millions of card payment transactions in Ireland(135.5 transactions per capita), an increase of 185 millions or 42.21% compares to 438.3 millions in 2014. Out of these transactions, 86.0 millions or 13.80% is paid by credit cards, an increase of 11.7 millions or 15.75% compares to 74.3 millions in 2014. The rest of card payment transactions(515.7 millions) are paid by debit cards, an increase of 157.9 millions or 44.13% compares to 357.8 millions in 2014. Ireland total card payment transactions volume contributes 1.2% to the EU total number of transactions.

The total card payments for 2015 is €35.7 billions in value(€7.76 thousands per capita), an increase of €10.8 billions or 43.37% compares to €24.9 billions in 2014. This also translates into €57.3 per card payment transaction, a slightly larger amount compares to €56.8 in 2014. Out of these transactions, €7.6 billions or 21.29% is paid by credit cards, an increase of €1.6 billions or 26.67% compares to €6.0 billions in 2014. This shows increase in number of credit cards issued help spurs the growth of credit card total transaction volume and value. The rest of card payments, €26.3 billions in value is paid by debit cards, an increase of €8.3 billions or 46.11% compares to €18.0 billions in 2014. Ireland total card payment value contributes 1.4% to the EU total transactions value.

Credit Cards in Ireland 2013-2014

As of 2014, Ireland has a population of 4.6 millions with a GDP(gross domestic product) of €194.5 billions. This translates into €42.2 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.4% of the EU total GDP.

As at 31st December 2014, there are 6,222,000 payment cards issued in Ireland(1.35 cards per capita), a decrease of 16,000 or 0.26% compares to 6,238,000 in 2013. There are 1,546,600 credit cards in Ireland as at 31st December 2014, a significant decrease of 454,900 or 22.73% compares to 2,001,500 in 2013. Debit cards increase by 186,400 or 4.40% to 4,422,900 in 2014, compares to 4,236,500 in 2013.

Total Card Payments in Volume and Value
For 2014, there are 438.3 millions of card payment transactions in Ireland(95.28 transactions per capita), an increase of 1.9 millions or 0.44% compares to 436.4 millions in 2013. Out of these transactions, 74.3 millions or 16.95% is paid by credit cards, a significant decrease of 21.2 millions or 22.20% compares to 95.5 millions in 2013. The rest of card payment transactions(357.8 millions) are paid by debit cards, an increase of 16.9 millions or 4.96% compares to 340.9 millions in 2013, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 0.9% to the EU total number of transactions.

The total card payments for 2014 is €24.9 billions in value(€5.41 thousands per capita), a decrease of €2.7 billions or 9.78% compares to €27.6 billions in 2013. This also translates into €56.8 per card payment transaction, a smaller amount compares to €63.2 in 2013. Out of these transactions, €6.0 billions or 24.10% is paid by credit cards, a significant decrease of €4.0 billions or 40.0% compares to €10.0 billions in 2013. This shows decrease in the number of credit cards and transaction volume have directly affected the credit card total transaction value. The rest of card payments, €18.0 billions in value is paid by debit cards, an increase of €0.4 billions or 2.27% compares to €17.6 billions in 2013. Ireland total card payment value contributes 1.1% to the EU total transactions value.

Credit Cards in Ireland 2012-2013

As of 2013, Ireland has a population of 4.60 millions with a GDP(gross domestic product) of €179.45 billions. This translates into €38.99 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.33% of the EU total GDP.

As at 31st December 2013, there are 6,238,040 payment cards issued in Ireland(1.36 cards per capita), an increase of 193,600 or 3.20% compares to 6,044,440 in 2012. There are 2,001,490 credit cards in Ireland as at 31st December 2013, a decrease of 54,000 or 2.63% compares to 2,055,490 in 2012. Debit cards increase by 247,600 or 6.21% to 4,236,550 in 2013, compares to 3,988,950 in 2012.

Total Card Payments in Volume and Value
For 2013, there are 436.40 millions of card payment transactions in Ireland(94.87 transactions per capita), an increase of 26.90 millions or 6.57% compares to 409.50 millions in 2012. Out of these transactions, 95.50 millions or 21.88% is paid by credit cards, a decrease of 4.8 millions or 4.79% compares to 100.30 millions in 2012. The rest of card payment transactions(340.90 millions) are paid by debit cards, an increase of 31.70 millions or 10.25% compares to 309.20 millions in 2012, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 1.00% to the EU total number of transactions.

The total card payments for 2013 is €27.63 billions in value(€6.01 thousands per capita), an increase of €1.70 billions or 6.56% compares to €25.93 billions in 2012. This also translates into €63.3 per card payment transaction, similar to 2012. Out of these transactions, €10.03 billions or 36.30% is paid by credit cards, a decrease of €0.50 billions or 4.75% compares to €10.53 billions in 2012. This shows decrease in the number of credit cards and transaction volume have effected the credit card total transaction value. The rest of card payments, €17.60 billions in value is paid by debit cards, an increase of €2.20 billions or 14.29% compares to €15.40 billions in 2012. Ireland total card payment value contributes 1.28% to the EU total transactions value.

Credit Cards in Ireland 2011-2012

As of 2012, Ireland has a population of 4.59 millions with a GDP(gross domestic product) of €174.85 billions. This translates into €38.09 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.31% of the EU total GDP.

As at 31st December 2012, there are 6,044,440 payment cards issued in Ireland(1.32 cards per capita), an increase of 137,230 or 2.32% compares to 5,907,210 in 2011. There are 2,055,490 credit cards in Ireland as at 31st December 2012, a decrease of 81,780 or 3.83% compares to 2,137,270 in 2011. Debit cards increase by 219,010 or 5.81% to 3,988,950 in 2012, compares to 3,769,940 in 2011.

Total Card Payments in Volume and Value
For 2012, there are 409.50 millions of card payment transactions in Ireland(89.22 transactions per capita), an increase of 70.30 millions or 20.73% compares to 339.20 millions in 2011. Out of these transactions, 100.30 millions or 24.49% is paid by credit cards, a decrease of 1.3 millions or 1.28% compares to 101.60 millions in 2011. The rest of card payment transactions(309.20 millions) are paid by debit cards, an increase of 71.60 millions or 30.13% compares to 237.60 millions in 2011, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 1.03% to the EU total number of transactions.

The total card payments for 2012 is €25.93 billions in value(€5.65 thousands per capita), an increase of €2.36 billions or 10.01% compares to €23.57 billions in 2011. This also translates into €63.3 per card payment transaction, a smaller amount compares to €69.5 in 2011. Out of these transactions, €10.53 billions or 40.61% is paid by credit cards, a decrease of €0.14 billions or 1.31% compares to €10.67 billions in 2011. This shows decrease in the number of credit cards and transaction volume have effected the credit card total transaction value. The rest of card payments, €15.40 billions in value is paid by debit cards, an increase of €2.50 billions or 19.38% compares to €12.90 billions in 2011. Ireland total card payment value contributes 1.27% to the EU total transactions value.

Credit Cards in Ireland 2010-2011

As of 2011, Ireland has a population of 4.58 millions with a GDP(gross domestic product) of €173.94 billions. This translates into €38.00 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.32% of the EU total GDP.

As at 31st December 2011, there are 5,907,210 payment cards issued in Ireland(1.29 cards per capita), an increase of 293,780 or 5.23% compares to 5,613,430 in 2010. There are 2,137,270 credit cards in Ireland as at 31st December 2011, a decrease of 90,750 or 4.07% compares to 2,228,020 in 2010. Debit cards increase by 384,530 or 11.36% to 3,769,940 in 2011, compares to 3,385,410 in 2010.

Total Card Payments in Volume and Value
For 2011, there are 339.20 millions of card payment transactions in Ireland(74.06 transactions per capita), an increase of 23.91 millions or 7.58% compares to 315.29 millions in 2010. Out of these transactions, 101.60 millions or 29.95% is paid by credit cards, a decrease of 5.9 millions or 5.49% compares to 107.50 millions in 2010. The rest of card payment transactions(237.60 millions) are paid by debit cards, an increase of 29.81 millions or 14.35% compares to 207.79 millions in 2010, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 0.91% to the EU total number of transactions.

The total card payments for 2011 is €23.57 billions in value(€5.15 thousands per capita), an increase of €0.79 billions or 3.47% compares to €22.78 billions in 2010. This also translates into €69.5 per card payment transaction, a smaller amount compares to €72.3 in 2010. Out of these transactions, €10.67 billions or 45.26% is paid by credit cards, a decrease of €0.60 billions or 5.32% compares to €11.27 billions in 2010. This shows decrease in the number of credit cards and transaction volume have effected the credit card total transaction value. The rest of card payments, €12.90 billions in value is paid by debit cards, an increase of €1.40 billions or 12.17% compares to €11.50 billions in 2010. Ireland total card payment value contributes 1.23% to the EU total transactions value.

Credit Cards in Ireland 2009-2010

As of 2010, Ireland has a population of 4.56 millions with a GDP(gross domestic product) of €166.16 billions. This translates into €36.44 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.30% of the EU total GDP.

As at 31st December 2010, there are 5,613,430 payment cards issued in Ireland(1.23 cards per capita), an increase of 173,260 or 3.18% compares to 5,440,170 in 2009. There are 2,228,020 credit cards in Ireland as at 31st December 2010, a decrease of 105,140 or 4.51% compares to 2,333,160 in 2009. Debit cards increase by 278,400 or 8.96% to 3,385,410 in 2010, compares to 3,107,010 in 2009.

Total Card Payments in Volume and Value
For 2010, there are 315.29 millions of card payment transactions in Ireland(69.14 transactions per capita), an increase of 10.79 millions or 3.54% compares to 304.50 millions in 2009. Out of these transactions, 107.50 millions or 32.25% is paid by credit cards, a decrease of 1.9 millions or 1.74% compares to 109.40 millions in 2009. The rest of card payment transactions(207.79 millions) are paid by debit cards, an increase of 12.69 millions or 6.50% compares to 195.10 millions in 2009, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 0.98% to the EU total number of transactions.

The total card payments for 2010 is €22.78 billions in value(€5.00 thousands per capita), a decrease of €0.28 billions or 1.21% compares to €23.06 billions in 2009. This also translates into €72.3 per card payment transaction, a smaller amount compares to €75.7 in 2009. Out of these transactions, €11.27 billions or 49.47% is paid by credit cards, a decrease of €0.59 billions or 4.97% compares to €11.86 billions in 2009. This shows decrease in the number of credit cards and transaction volume have effected the credit card total transaction value. The rest of card payments, €11.50 billions in value is paid by debit cards, an increase of €0.30 billions or 2.68% compares to €11.20 billions in 2009. The increase in number of debit cards and total transaction volume has only manage to spur a small growth in debit cards total transactional value. Ireland total card payment value contributes 1.31% to the EU total transactions value.

Credit Cards in Ireland 2008-2009

As of 2009, Ireland has a population of 4.47 millions with a GDP(gross domestic product) of €160.60 billions. This translates into €35.94 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.36% of the EU total GDP.

As at 31st December 2009, there are 5,440,170 payment cards issued in Ireland(1.22 cards per capita), an increase of 136,380 or 2.57% compares to 5,303,790 in 2008. There are 2,333,160 credit cards in Ireland as at 31st December 2009, a decrease of 47,850 or 2.01% compares to 2,381,010 in 2008. Debit cards increase by 184,230 or 6.30% to 3,107,010 in 2009, compares to 2,922,780 in 2008.

Total Card Payments in Volume and Value
For 2009, there are 304.50 millions of card payment transactions in Ireland(72.38 transactions per capita), an increase of 4.88 millions or 1.63% compares to 299.65 millions in 2008. Out of these transactions, 109.40 millions or 33.83% is paid by credit cards, a decrease of 9.05 millions or 7.64% compares to 118.45 millions in 2008. The rest of card payment transactions(195.10 millions) are paid by debit cards, an increase of 13.90 millions or 7.67% compares to 181.20 millions in 2008, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 1.03% to the EU total number of transactions.

The total card payments for 2009 is €23.06 billions in value(€5.16 thousands per capita), a decrease of €2.32 billions or 9.14% compares to €25.38 billions in 2008. This also translates into €75.7 per card payment transaction, a smaller amount compares to €81.7 in 2008. Out of these transactions, €11.86 billions or 51.43% is paid by credit cards, a significant decrease of €2.02 billions or 14.55% compares to €13.88 billions in 2008. This shows decrease in the number of credit cards and transaction volume have effected the credit card total transaction value. The rest of card payments, €11.20 billions in value is paid by debit cards, a decrease of €0.30 billions or 2.61% compares to €11.50 billions in 2008. The increase in number of debit cards and total transaction volume fails to spur the growth in debit cards total transactional value. Ireland total card payment value contributes 1.45% to the EU total transactions value.

Credit Cards in Ireland 2007-2008

As of 2008, Ireland has a population of 4.44 millions with a GDP(gross domestic product) of €185.72 billions. This translates into €41.83 thousands of GDP per capita, a high and respectable figure in Europe. Ireland contributes 1.48% of the EU total GDP.

As at 31st December 2008, there are 5,303,790 payment cards issued in Ireland(1.19 cards per capita), an increase of 500,570 or 10.42% compares to 4,803,220 in 2007. There are 2,381,010 credit cards in Ireland as at 31st December 2008, an increase of 78,010 or 3.39% compares to 2,303,000 in 2007. Debit cards increase by 977,180 or 16.90% to 2,922,780 in 2008, compares to 2,500,220 in 2007.

Total Card Payments in Volume and Value
For 2008, there are 317.85 millions of card payment transactions in Ireland(71.59 transactions per capita), a significant increase of 55.21 millions or 21.02% compares to 262.64 millions in 2007. Out of these transactions, 118.45 millions or 37.27% is paid by credit cards, an increase of 7.81 millions or 7.06% compares to 110.64 millions in 2007. The rest of card payment transactions(199.40 millions) are paid by debit cards, a significant increase of 47.40 millions or 31.18% compares to 152.00 millions in 2007, which is in accordance with increase on the number of debit cards. Ireland total card payment transactions volume contributes 1.08% to the EU total number of transactions.

The total card payments for 2008 is €25.98 billions in value(€5.85 thousands per capita), an increase of €2.24 billions or 9.44% compares to €23.74 billions in 2007. This also translates into €81.7 per card payment transaction, a smaller amount compares to €90.4 in 2007. Out of these transactions, €13.88 billions or 53.43% is paid by credit cards, a slight decrease of €0.18 billions or 1.28% compares to €14.06 billions in 2007. This shows that increase on the number of credit cards and transaction volume have no effect in the transaction value. In other words, credit cards are used for increasingly smaller amounts, from an average of €127.08 to €117.18 per transaction. The rest of card payments, €12.10 billions in value is paid by debit cards, a significant increase of €2.42 billions or 25% compares to €9.68 billions in 2007. Ireland total card payment value contributes 1.54% to the EU total transactions value.