Demand for cash remains solid in many parts of the world

Sayuri Shirai re-examines the decline of cash use worldwide

Demand for cash remains strong in many places, says Sayuri Shirai

In recent years, cashless payment methods around the world have become increasingly prevalent. Nevertheless, demand for cash, as proxied by cash in circulation in terms of the amount and nominal GDP, has been solid and even rising in many economies.

Demand for cash strengthened particularly after the global financial crisis. The rising trend is prevalent even in many advanced economies, notwithstanding that the public has generally had full access to bank accounts and credit cards for a long

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account