Factoring turnover in Europe
The total turnover for the factoring and commercial finance industry across the Europe in 2021 was 2 Trillion Euros. EUF Members represented 94% of the turnover in the Europe with the top five countries making up nearly 73% of the total market. The factoring industry turnover represented 11.4% of Europe GDP in 2021.
Total Factoring Volume in Europe in 2021
All volumes are shown in Euros. NB The year on year growth for non Euro countries may be affected by changes in exchange rates.
Source: EU National Associations and FCI statistics.