This statistic displays the average amount of cash held in individuals wallets in the Euro area in 2016, by age group. There is a clear correlation between age and the amount held by individuals for purchases. People aged between 18 and 24 years old held an average of 41 euros where as those aged over 65 years of age in the Euro area had on average 84 euros in cash in 2016.
Average amount of cash in wallet in the Euro Area in 2016, by age group
(in euros)
The source adds the following information: "The study is limited to euro area residents aged 18 years and over and excludes payments made by consumers travelling outside of their place of residence, as well as payments made by tourists, other non-residents and payments between businesses. *A total of 65,281 respondents participated in the diary survey, The total sample for the euro area – including data from Germany and the Netherlands – is of 92,080 respondents.
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ECB. (November 24, 2017). Average amount of cash in wallet in the Euro Area in 2016, by age group (in euros) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/787654/average-cash-in-wallet-in-the-euro-area/
ECB. "Average amount of cash in wallet in the Euro Area in 2016, by age group (in euros)." Chart. November 24, 2017. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/787654/average-cash-in-wallet-in-the-euro-area/
ECB. (2017). Average amount of cash in wallet in the Euro Area in 2016, by age group (in euros). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/787654/average-cash-in-wallet-in-the-euro-area/
ECB. "Average Amount of Cash in Wallet in The Euro Area in 2016, by Age Group (in Euros)." Statista, Statista Inc., 24 Nov 2017, https://www.statista.com/statistics/787654/average-cash-in-wallet-in-the-euro-area/
ECB, Average amount of cash in wallet in the Euro Area in 2016, by age group (in euros) Statista, https://www.statista.com/statistics/787654/average-cash-in-wallet-in-the-euro-area/ (last visited December 22, 2024)
Average amount of cash in wallet in the Euro Area in 2016, by age group (in euros) [Graph], ECB, November 24, 2017. [Online]. Available: https://www.statista.com/statistics/787654/average-cash-in-wallet-in-the-euro-area/
