India - Number of Direct Debit Transfers
Since 2014, India Number of Direct Debit Transfers rose 21.9% year on year. With 619.18 Million Units in 2019, the country was ranked number 14 among other countries in Number of Direct Debit Transfers. India is overtaken by China, which was ranked number 13 at 768.12 Million Units and is followed by Belgium with 510.11 Million Units. United States ranked the highest with 16,349.99 Million Units in 2019, that is a growth of 0.5% versus 2018. Germany, Brazil and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. India witnessed the best average annual growth at +21.9% per year, while China was the worst growing country at -21.6% per year.
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| Date | Million Units |
|---|---|
| 2019 | 619.18 |
| 2018 | 630.83 |
| 2017 | 478.41 |
| 2016 | 364.90 |
| 2015 | 288.62 |
Download all data from 2007 to 2019
How does India rank in Number of Direct Debit Transfers?
| # | 22 Countries | Million Units | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
16,349.99 | 2019 | +0.5 % | +4.9 % | View data | |
| 2 |
#2
Germany
|
10,553.33 | 2019 | +0.8 % | +4.5 % | View data | |
| 13 |
#13
China
|
768.12 | 2019 | +41.8 % | -21.6 % | View data | |
| 14 |
#14
India
|
619.18 | 2019 | -1.9 % | +21.9 % | View data | |
| 15 |
#15
Belgium
|
510.11 | 2019 | +2.0 % | -0.7 % | View data | |