Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
High turnover with payment cards during Black Week
The turnover with payment cards in week 48, also known as Black Week, was 36 per cent higher than the average week in 2024. The data for the daily card turnover during Black Week show, unsurprisingly, that card turnover on Black Friday was significantly higher than the average Friday in 2024, namely 68 per cent higher. Compared to Black Friday 2023, this year’s card turnover was 43 per cent higher, greatly helped by the fact that many received their salaries on the same day. However, in terms of the average card turnover for the same weekday, December 1st stands out the most. Here, card turnover was 87 per cent higher than on an average Sunday in 2024.
Card turnover leading up to and including Black Week
Note:
The bars in the figure show the card turnover in the days leading up to and including Black Week, compared to the average for the same weekday in the same year. The Black Week line shows Black Week’s turnover compared to the average week in 2024.
Source:
Danmarks Nationalbank, ’Transactions in Denmark using cards’ (DNBSK1).
Danmarks Nationalbank now publishes payment statistics based on daily payment card transactions in the payment card acquiring market in Denmark. The data comes from six payment card acquirers, which are estimated to cover approximately 90 per cent of the total card turnover in Denmark. The statistics include daily reports on the number and value of payment card transactions, divided into transaction types Point of Sale (typically physical trade) and Card Not Present (typically online trade). Additionally, the report contains information on whether the card was issued in Denmark or abroad.
The new data can be found in the table ’Transactions in Denmark using cards’ (DNBSK1) in the StatBank. The data goes back to January 1st, 2019, and is updated weekly, typically on Mondays. Read more about the compilation methods and the content of the table in Sources and Method on Danmarks Nationalbank’s website (link).
Explore the card turnover
In the new table, it is possible to delve into the daily card turnover with payment cards in Denmark. The card turnover covers the nominal value of all transactions processed through the payment card acquiring market in Denmark, including both physical trade and online trade, but excluding cash withdrawals. The turnover is influenced by various factors, including seasonal patterns, changing payment habits, consumer behavior, and price developments over time.