Credit card purchases in Canada averaged roughly 99 Canadian dollars, or nearly 27 dollars, in 2022 - a value that was higher than in previous years. This is according to estimates based on the overall value of credit card transactions against the number of transactions within the country. These numbers have only been reported on an annual basis. Notable for Canada is the steady decline since 2012, which may indicate that credit cards have been used for increasingly smaller transactions.
Average value of a credit card transaction in Canada from 2012 to 2022
(in Canadian dollars, and estimates in U.S. dollars)
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Statista. (February 26, 2024). Average value of a credit card transaction in Canada from 2012 to 2022 (in Canadian dollars, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1388710/average-credit-card-spend-per-transaction-in-canada/
Statista. "Average value of a credit card transaction in Canada from 2012 to 2022 (in Canadian dollars, and estimates in U.S. dollars)." Chart. February 26, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1388710/average-credit-card-spend-per-transaction-in-canada/
Statista. (2024). Average value of a credit card transaction in Canada from 2012 to 2022 (in Canadian dollars, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1388710/average-credit-card-spend-per-transaction-in-canada/
Statista. "Average Value of a Credit Card Transaction in Canada from 2012 to 2022 (in Canadian Dollars, and Estimates in U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/1388710/average-credit-card-spend-per-transaction-in-canada/
Statista, Average value of a credit card transaction in Canada from 2012 to 2022 (in Canadian dollars, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1388710/average-credit-card-spend-per-transaction-in-canada/ (last visited December 21, 2024)
Average value of a credit card transaction in Canada from 2012 to 2022 (in Canadian dollars, and estimates in U.S. dollars) [Graph], Statista, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/1388710/average-credit-card-spend-per-transaction-in-canada/