Annual credit card spending in Bulgaria 2001-2021, in local currency and USD
penetration of credit cards in Bulgaria among people 25 years and older reached approximately 12 percent in 2019. Originally denominated in euros, the data was converted to U.S. dollars by Statista to allow for cross-country comparisons worldwide.
In 2020, credit card payments in Bulgaria reached a total value of approximately 1.1 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