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)
Characteristic
Transaction volume in billion British pounds
Transaction volume in billion U.S. dollars
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UK Cards Association, & British Bankers’ Association, & UK Finance, & Statista. (November 15, 2023). 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) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/283892/united-kingdom-uk-monthly-value-of-credit-card-purchase-transactions/
UK Cards Association, und British Bankers’ Association, und UK Finance, und Statista. "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)." Chart. November 15, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/283892/united-kingdom-uk-monthly-value-of-credit-card-purchase-transactions/
UK Cards Association, British Bankers’ Association, UK Finance, Statista. (2023). 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). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/283892/united-kingdom-uk-monthly-value-of-credit-card-purchase-transactions/
UK Cards Association, and British Bankers’ Association, and UK Finance, and Statista. "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)." Statista, Statista Inc., 15 Nov 2023, https://www.statista.com/statistics/283892/united-kingdom-uk-monthly-value-of-credit-card-purchase-transactions/
UK Cards Association & British Bankers’ Association & UK Finance & Statista, 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) Statista, https://www.statista.com/statistics/283892/united-kingdom-uk-monthly-value-of-credit-card-purchase-transactions/ (last visited August 24, 2024)
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) [Graph], UK Cards Association, & British Bankers’ Association, & UK Finance, & Statista, November 15, 2023. [Online]. Available: https://www.statista.com/statistics/283892/united-kingdom-uk-monthly-value-of-credit-card-purchase-transactions/