Colombians made 73 trillion pesos worth of credit card transactions in 2022, an increase of about 16 percent when compared to 2021. The growth change when estimating this value in U.S. dollars, however, was not as big due to the exchange rate between the two currencies. Colombia featured in a comparison of credit card penetration across 161 countries worldwide in 2021 but ranked relatively low compared to other Latin American countries, with a penetration rate of roughly 13 percent.
Value of credit card transactions for payments in Colombia from 2013 to 2022
(in million Colombian pesos, and estimates in U.S. dollars)
Figures have been calculated by Statista, based on daily average (in Spanish: "Promedio diario") numbers provided. All figures are therefore estimates; No figures were provided from before 2013.
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Banco de la República (Colombia), & Statista. (October 10, 2023). Value of credit card transactions for payments in Colombia from 2013 to 2022 (in million Colombian pesos, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1318683/credit-card-value-in-colombia/
Banco de la República (Colombia), und Statista. "Value of credit card transactions for payments in Colombia from 2013 to 2022 (in million Colombian pesos, and estimates in U.S. dollars)." Chart. October 10, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1318683/credit-card-value-in-colombia/
Banco de la República (Colombia), Statista. (2023). Value of credit card transactions for payments in Colombia from 2013 to 2022 (in million Colombian pesos, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1318683/credit-card-value-in-colombia/
Banco de la República (Colombia), and Statista. "Value of Credit Card Transactions for Payments in Colombia from 2013 to 2022 (in Million Colombian Pesos, and Estimates in U.S. Dollars)." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/1318683/credit-card-value-in-colombia/
Banco de la República (Colombia) & Statista, Value of credit card transactions for payments in Colombia from 2013 to 2022 (in million Colombian pesos, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1318683/credit-card-value-in-colombia/ (last visited November 21, 2024)
Value of credit card transactions for payments in Colombia from 2013 to 2022 (in million Colombian pesos, and estimates in U.S. dollars) [Graph], Banco de la República (Colombia), & Statista, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/1318683/credit-card-value-in-colombia/