This statistic presents a timeline with the share of individuals who owned a credit card in Mexico between 2011 and 2017. In 2017, approximately 9.52 percent of Mexicans owned a credit card, down from over 17.82 percent in 2014.
Share of individuals who own a credit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level
Entire civilian, noninstitutionalized population; * The data for 2021 and 2024 are forecasts calculated by Statista; The figures shown are from a global survey held every 3 years. Data for 2021 - the most recent year available - was released in June 2022.
Method of interview
Face-to-face interviews, telephone interviews
Supplementary notes
This question was phrased by the source as follows: "A credit card is a card that allows you to BORROW money in order to make payments or buy things, and you can pay the balance off later. Do you, personally, have a credit card?"
Figures for 2021 and 2024 are forecasts from Statista. Historical figures were used in a linear trend, to form a simple trend projection. This extrapolation uses the method of least squares. Mexico was one of the few countries that did not feature in the most recent release of this survey.
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Statista. (March 11, 2024). Share of individuals who own a credit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/865785/credit-card-ownership-rate-mexico/
Statista. "Share of individuals who own a credit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level." Chart. March 11, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/865785/credit-card-ownership-rate-mexico/
Statista. (2024). Share of individuals who own a credit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/865785/credit-card-ownership-rate-mexico/
Statista. "Share of Individuals Who Own a Credit Card in Mexico in 2011, 2014, 2017 with Forecasts for 2021 and 2024, by Age, Gender, and Income Level." Statista, Statista Inc., 11 Mar 2024, https://www.statista.com/statistics/865785/credit-card-ownership-rate-mexico/
Statista, Share of individuals who own a credit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level Statista, https://www.statista.com/statistics/865785/credit-card-ownership-rate-mexico/ (last visited January 06, 2025)
Share of individuals who own a credit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level [Graph], Statista, March 11, 2024. [Online]. Available: https://www.statista.com/statistics/865785/credit-card-ownership-rate-mexico/
