Between 2000 and 2023, the number of direct debit payments experienced some fluctuations. Starting at around 11.95 billion in 2000, the number of payments more than doubled in 2021, reaching its highest figure at 24 billion. As of 2023, this had fallen to 21.7 billion.
Number of direct debit transactions in the European Union from 2000 to 2023
(in millions)
All figures are provisional; The source significantly changed its database in November 2023. This may mean methodology changes, or not all EU-27 countries reporting the same figures.
Supplementary notes
The figures have been taken from several publications.
Direct debit allows for the automatic deduction of money from one's bank account in order to pay regular bills - based on a prior authorization.
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ECB. (July 25, 2024). Number of direct debit transactions in the European Union from 2000 to 2023 (in millions) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/443301/direct-withdrawal-payment-in-the-european-union/
ECB. "Number of direct debit transactions in the European Union from 2000 to 2023 (in millions)." Chart. July 25, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/443301/direct-withdrawal-payment-in-the-european-union/
ECB. (2024). Number of direct debit transactions in the European Union from 2000 to 2023 (in millions). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/443301/direct-withdrawal-payment-in-the-european-union/
ECB. "Number of Direct Debit Transactions in The European Union from 2000 to 2023 (in Millions)." Statista, Statista Inc., 25 Jul 2024, https://www.statista.com/statistics/443301/direct-withdrawal-payment-in-the-european-union/
ECB, Number of direct debit transactions in the European Union from 2000 to 2023 (in millions) Statista, https://www.statista.com/statistics/443301/direct-withdrawal-payment-in-the-european-union/ (last visited December 22, 2024)
Number of direct debit transactions in the European Union from 2000 to 2023 (in millions) [Graph], ECB, July 25, 2024. [Online]. Available: https://www.statista.com/statistics/443301/direct-withdrawal-payment-in-the-european-union/