The monthly value of debit card transactions in the UK picked up in the summer of 2021 but was not as high as in August 2020. The total value of the debit card purchases fluctuated significantly, reaching its lowest value of nearly 41 billion British pounds in April 2020.
Value of debit card transactions for payments in the United Kingdom (UK) from January 2014 to July 2023
(in billion GBP, and estimates in U.S. dollars)
Seasonally adjusted; UK and overseas issued cards; All figures have been gathered and calculated by Statista.
Supplementary notes
The figures have been taken from several publications.
The USD figures have been calculated by Statista, based on GBP/USD monthly averages from the Federal Reserve. This to allow for (rough) comparisons between various countries on specific payment methods.
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UK Cards Association, & Statista, & British Bankers’ Association, & UK Finance. (October 20, 2023). Value of debit card transactions for payments in the United Kingdom (UK) from January 2014 to July 2023 (in billion GBP, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/283020/value-of-credit-card-purchases-united-kingdom-uk-monthly/
UK Cards Association, und Statista, und British Bankers’ Association, und UK Finance. "Value of debit card transactions for payments in the United Kingdom (UK) from January 2014 to July 2023 (in billion GBP, and estimates in U.S. dollars)." Chart. October 20, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/283020/value-of-credit-card-purchases-united-kingdom-uk-monthly/
UK Cards Association, Statista, British Bankers’ Association, UK Finance. (2023). Value of debit card transactions for payments in the United Kingdom (UK) from January 2014 to July 2023 (in billion GBP, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/283020/value-of-credit-card-purchases-united-kingdom-uk-monthly/
UK Cards Association, and Statista, and British Bankers’ Association, and UK Finance. "Value of Debit Card Transactions for Payments in The United Kingdom (Uk) from January 2014 to July 2023 (in Billion Gbp, and Estimates in U.S. Dollars)." Statista, Statista Inc., 20 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/283020/value-of-credit-card-purchases-united-kingdom-uk-monthly/
UK Cards Association & Statista & British Bankers’ Association & UK Finance, Value of debit card transactions for payments in the United Kingdom (UK) from January 2014 to July 2023 (in billion GBP, and estimates in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/283020/value-of-credit-card-purchases-united-kingdom-uk-monthly/ (last visited November 10, 2024)
Value of debit card transactions for payments in the United Kingdom (UK) from January 2014 to July 2023 (in billion GBP, and estimates in U.S. dollars) [Graph], UK Cards Association, & Statista, & British Bankers’ Association, & UK Finance, October 20, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/283020/value-of-credit-card-purchases-united-kingdom-uk-monthly/
