The amount of issued payment cards in Latvia from 2000 to 2020 increased significantly from about 540 thousand cards in 2000 to 2.52 million cards 2008 and has slowly decreased since then. The number of cards with a payment function that were on the market in 2020 amounted to approximately 2.18 million. Half of all payments in Latvia are done in cash money (53.1 percent in 2019).
Number of cards with a payment function, except cards with an e-money function, in Latvia from 2000 to 2021
Issued by resident PSPs; 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.
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ECB. (November 9, 2023). Number of cards with a payment function, except cards with an e-money function, in Latvia from 2000 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/444390/number-of-payment-cards-latvia/
ECB. "Number of cards with a payment function, except cards with an e-money function, in Latvia from 2000 to 2021." Chart. November 9, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/444390/number-of-payment-cards-latvia/
ECB. (2023). Number of cards with a payment function, except cards with an e-money function, in Latvia from 2000 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/444390/number-of-payment-cards-latvia/
ECB. "Number of Cards with a Payment Function, except Cards with An E-money Function, in Latvia from 2000 to 2021." Statista, Statista Inc., 9 Nov 2023, https://www.statista.com/statistics/444390/number-of-payment-cards-latvia/
ECB, Number of cards with a payment function, except cards with an e-money function, in Latvia from 2000 to 2021 Statista, https://www.statista.com/statistics/444390/number-of-payment-cards-latvia/ (last visited November 21, 2024)
Number of cards with a payment function, except cards with an e-money function, in Latvia from 2000 to 2021 [Graph], ECB, November 9, 2023. [Online]. Available: https://www.statista.com/statistics/444390/number-of-payment-cards-latvia/
