In 2018, the most popular reason why people carried cash is to pay for small things and because it provided a peace of mind, with 67 percent and 55 percent of the respondents in a nationally representative UK consumer survey advising so. Almost one fifth of people find managing their money easier when they carry it in cash.
Share of people who carry cash in the United Kingdom (UK) in 2018, by reason
Characteristic
Share of payments
They like to pay for small things with cash
67%
It provides peace of mind (i.e. in case they can’t pay for something with a debit or credit card)
55%
They like to have options/ choose how they pay for things
35%
They find it easier to manage their money when they know how much is in their pocket
19%
They prefer to pay for things with cash
15%
They believe cash is more convenient when settling debts with friends or family
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
ECB. (March 1, 2019). Share of people who carry cash in the United Kingdom (UK) in 2018, by reason [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB. "Share of people who carry cash in the United Kingdom (UK) in 2018, by reason." Chart. March 1, 2019. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB. (2019). Share of people who carry cash in the United Kingdom (UK) in 2018, by reason. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB. "Share of People Who Carry Cash in The United Kingdom (Uk) in 2018, by Reason." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
ECB, Share of people who carry cash in the United Kingdom (UK) in 2018, by reason Statista, https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/ (last visited December 23, 2024)
Share of people who carry cash in the United Kingdom (UK) in 2018, by reason [Graph], ECB, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1058126/share-of-people-who-carry-cash-united-kingdom-by-reason/
