Czech Republic credit card
As of 2008, Czech Republic has a population of 10.43 millions with a GDP(gross domestic product) of €148.56 billions. This translates into €14.24 thousands of GDP per capita. Czech Republic contributes 1.19% of the EU total GDP.

As at 31st December 2008, there are 9,609,360 payment cards issued in Czech Republic(0.92 cards per capita), an increase of 561,750 or 6.21% compares to 9,047,610 in 2007. There are 2,131,330 credit cards in Czech Republic as at 31st December 2008, a significant increase of 284,550 or 15.41% compares to 1,846,780 in 2007. Debit cards increase by 277,210 or 3.85% to 7,478,040 in 2008, compares to 7,200,830 in 2007.

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Total Card Payments in Volume and Value
For 2008, there are 147.51 millions of card payment transactions in Czech Republic(14.14 transactions per capita), a significant increase of 18.1 millions or 13.99% compares to 129.41 millions in 2007. Out of these transactions, 11.48 millions or 7.78% is paid by credit cards, an increase of 1.22 millions or 11.89% compares to 10.26 millions in 2007; which is inline with increase in number of credit cards issued in 2008. Majority of card payment transactions(136.03 millions) are paid by debit cards, a significant increase of 16.88 millions or 14.17% compares to 119.15 millions in 2007. Czech Republic total card payment transactions volume contributes a low 0.50% to the EU total number of transactions.

Czech Republic has a low total card payments in value in Europe, however, there is a significant increase of €1.76 billions or 21.65% to €9.89 billions(€0.95 thousands per capita) in 2008, compares to €8.13 in 2007. This also translates into €67.0 per card payment transaction, a slight increase compares to €62.8 in 2007. Out of these transactions, only €0.57 billions or 5.76% is paid by credit cards, a significant increase of €0.15 billions or 35.71% compares to €0.42 billions in 2007. This is influence by increase on the number of credit cards issued. The rest of card payments, €9.32 billions in value is paid by debit cards, a significant increase of €1.61 billions or 20.88% compares to €7.71 billions in 2007. This is in accordance with the increase in debit cards number of transactions. Czech Republic total card payment value contributes a mere 0.59% to the EU total transactions value.

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