Singapore - Number of Direct Debit Transfers
Since 2014, Singapore Number of Direct Debit Transfers grew 0.8% year on year. In 2019, the country was ranked number 21 comparing other countries in Number of Direct Debit Transfers at 59.57 Million Units. Singapore is overtaken by Switzerland, which was number 20 with 64.33 Million Units and is followed by Saudi Arabia with 2.49 Million Units. United States topped the ranking with 16,349.99 Million Units in 2019, that is +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 | 59.57 |
| 2018 | 59.52 |
| 2017 | 58.42 |
| 2016 | 57.70 |
| 2015 | 57.02 |
Download all data from 2007 to 2019
How does Singapore 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 | |
| 20 |
#20
Switzerland
|
64.33 | 2019 | +1.6 % | +2.2 % | View data | |
| 21 |
#21
Singapore
|
59.57 | 2019 | +0.1 % | +0.8 % | View data | |
| 22 |
#22
Saudi Arabia
|
2.49 | 2019 | +14.2 % | +9.4 % | View data | |