Annual credit card spending in Czechia 2004-2021, in local currency and USD
penetration of credit cards in Czechia reached 25 percent in 2019. Originally denominated in euros, the data was converted to U.S. dollars by Statista to allow for cross-country comparisons worldwide.
The total value of credit card payments in Czechia increased year in year from 2004 to 2018 after which it has reduced annually. In 2020, payments made with cards with a credit function were valued at over 3.4 billion euros. For many markets in Central and Eastern Europe, the regulatory and financial support afforded by the European Union membership provided strong potential for sustained growth in the credit card market. The