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Amount of the credit card year end loan balance in China from 2012 to 2018 (in trillion yuan)

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Sources

Release date

June 2019

Region

China

Survey time period

2012 to 2018

Supplementary notes

Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2019).

Citation formats

Chinese credit card market year end loan balance 2012-2018

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 23, 2019
The outstanding amount of credit card year-end loan balance in China amounted to **** trillion yuan in 2018, showing a continued rise of over ** percent annually. The surging digital payment services did not reduce the credit card usage in China. Since Chinese individuals had only half of a credit card on average in 2018, the credit card market was expected to grow in the future.
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