The number of direct debit payments generally increased in Portugal with significant fluctuation during the period observed. In 2014, the number payments amounted to 168.76 million after a major decline since 2012. However, this had risen to 228.72 million by 2020. In 2023, there were more than 258 million direct debit transactions in the country.
Number of direct debit transactions in Portugal 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 Portugal from 2000 to 2023 (in millions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/610587/number-of-direct-debit-transactions-in-portugal/
ECB. "Number of direct debit transactions in Portugal from 2000 to 2023 (in millions)." Chart. July 25, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/610587/number-of-direct-debit-transactions-in-portugal/
ECB. (2024). Number of direct debit transactions in Portugal from 2000 to 2023 (in millions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/610587/number-of-direct-debit-transactions-in-portugal/
ECB. "Number of Direct Debit Transactions in Portugal from 2000 to 2023 (in Millions)." Statista, Statista Inc., 25 Jul 2024, https://www.statista.com/statistics/610587/number-of-direct-debit-transactions-in-portugal/
ECB, Number of direct debit transactions in Portugal from 2000 to 2023 (in millions) Statista, https://www.statista.com/statistics/610587/number-of-direct-debit-transactions-in-portugal/ (last visited November 21, 2024)
Number of direct debit transactions in Portugal from 2000 to 2023 (in millions) [Graph], ECB, July 25, 2024. [Online]. Available: https://www.statista.com/statistics/610587/number-of-direct-debit-transactions-in-portugal/