Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
The turnover from card payments continued to increase in 2024
The total turnover from card payments in Denmark reached kr. 661 billion in 2024. In comparison, the total card turnover was kr. 640 billion in 2023. The card turnover here covers the nominal value of all transactions made in Denmark, by both Danes and foreigners, covering both physical store purchases and online transactions.
Card turnover in Denmark
Note:
The red curves in the figure show the nominal value of all transactions made in Denmark by both Danes and foreigners, covering both physical store purchases and online transactions. The blue curve in the figure, by comparison, shows the nominal value of Danes’ total expenditure on individual consumption, paid with cards, credit transfers, cash, and coins, etc.
Source:
Danmarks Statistik og Danmarks Nationalbank.
Of the total card turnover in Denmark in 2024, the vast majority, kr. 616 billion, came from transactions made by Danes1, while the remaining kr. 45 billion came from transactions made by foreigners. In comparison, Danes reached a card turnover of kr. 158 billion abroad in 2024, which is 16 percent higher than in 2023.
Cross-border card turnover increased in 2024
Note:
The red bars in the figure show the nominal value of all transactions made by Danes abroad, covering both physical store purchases and online transactions. Similarly, the white bars in the figure show the nominal value of all transactions made in Denmark by foreigners.
Keep track of the daily card turnover
As a supplement to the quarterly payment statistics, which include information on the total card turnover in Denmark, Danmarks Nationalbank continuously publishes payment statistics based on daily payment card transactions in the card acquiring market in Denmark2. The information is collected from six card payment acquirers in Denmark and is therefore not a complete record. This means that there will be differences in the coverage of the two statistics. Despite this, the development in card turnover in Denmark is comparable for the two statistics. In the daily payment statistics, one can already see how card turnover has developed up to and including January 19, 2025.
There are particularly large differences between the two reports in the period from the 2nd quarter og 2020 to the 2nd quarter of 2021. Part of the explanation for the differences in this period is the changed consumption and payment patterns during the COVID-19 pandemic.
Comparable development across the statistics
Note:
The figure shows the indexed nominal value of all transactions made in Denmark, from each of the two payment statistics.