Payments in Sweden 2020

1. The payment market is being digitalised

1. The payment market is being digitalised

Cash is losing ground

People in Sweden pay less and less often in cash. In ten years, the proportion paying with cash has fallen from around 40 per cent to less than 10 per cent. Cash is now mostly used for small payments and primarily by older people.

Published: 29 October 2020

Cash used to a lesser extent

Percentage of people paying in cash for their last purchase.

Figure: Cash used to a lesser extent

The diagram shows that the percentage paying in cash for their last purchase has decreased from 39 to 9 per cent between 2010 and 2020. Download the data from the diagram by clicking on the arrow to the right, above the diagram. Source: The Riksbank