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Kyrgyzstan's quinquennial circulation dynamics for Mastercard payment cards disclosed

Kyrgyzstan Materials 5 April 2024 20:10 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, April 5. The number of Mastercard payment cards in circulation in Kyrgyzstan increased by 2.4 times by the beginning of 2024 over a five-year period, Trend reports.

According to the National Bank of Kyrgyzstan, the number of Mastercard cards in circulation on January 1, 2019, was 22,641, and by the beginning of 2024, it had risen to 55,322.

However, fluctuations are observed during growth periods. The highest number of Mastercard cards in the country was registered on January 1, 2022, at 70,084 cards.

The growth dynamics of the number of Mastercard cards from January 1, 2019, to January 1, 2024 are as follows:

Year

Quantity

Growth compared to 2019 (%)

2019

22,641 cards

- - -

2020

54,387 cards

+140 percent

2021

67,882 cards

+199.82 percent

2022

70,084 cards

+209.54 percent

2023

56,685 cards

+150.36 percent

2024

55,322 cards

+144.34 percent

-

Meanwhile, the share of Mastercard payment cards in circulation in Kyrgyzstan accounted for 0.8 percent of the total number of payment cards in the country at the beginning of the current year. In total, the number of bank payment cards circulating in Kyrgyzstan exceeded 6.89 million by January 1, 2024.

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