India - Value of Payment Transactions
Since 2014, India Value of Payment Transactions rose 3.3% year on year. In 2019, the country was ranked number 9 among other countries in Value of Payment Transactions with $17,937.99 Billion. India is overtaken by South Korea, which was number 8 at $22,511.03 Billion and is followed by Mexico at $17,399.74 Billion. China topped the ranking with $514,323.26 Billion in 2019, that is an increase of 5.8% versus 2018. United States, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +17.8% per year, while South Africa recorded the worst performance at -24.1% per year.
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Date | Billion US Dollars |
---|---|
2019 | 17,937.99 |
2018 | 17,782.25 |
2017 | 17,623.33 |
2016 | 18,186.62 |
2015 | 16,006.01 |
Download all data from 2007 to 2019
How does India rank in Value of Payment Transactions?
# | 22 Countries | Billion US Dollars | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
China
|
514,323.26 | 2019 | +5.8 % | +17.8 % | View data | |
2 |
#2
United States
|
190,913.15 | 2019 | +1.0 % | +1.9 % | View data | |
8 |
#8
South Korea
|
22,511.03 | 2019 | +1.7 % | +1.4 % | View data | |
9 |
#9
India
|
17,937.99 | 2019 | +0.9 % | +3.3 % | View data | |
10 |
#10
Mexico
|
17,399.74 | 2019 | +1.3 % | -3.0 % | View data |