Monthly credit card spending in the UK 2000-2023, in local currency and USD

Published by
Raynor de Best,
May 13, 2024

The value of credit card purchases made in the UK grew to a record in August 2023, the first decrease after several months. The value of 21.09 billion British pounds contrasts the low point in April 2020, when monthly credit card spending fell to approximately 7.8 billion British pounds.

Value of credit card transactions for payments in the United Kingdom (UK) from January 2000 to August 2023 (in billion GBP, and estimates in U.S. dollars)

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Release date

November 2023

Region

United Kingdom

Survey time period

January 2000 to August 2023

Special properties

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 bilateral exchange rates from the Bank for International Settlements (BIS).

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Statistics on " Credit cards and debit cards in the United Kingdom (UK) "

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Other statistics that may interest you Credit cards and debit cards in the United Kingdom (UK)

Penetration

5

User behavior

5

Spending

7

Transaction count

5

Credit card debt

5

Brands and issuers

5

Forecasts

5

Further related statistics

16

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Topics

Payment cards in the United Kingdom (UK)Mobile payments in the United StatesCredit cards in the United StatesDebit cards
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