Payment Duration Statistics

A summary statistic of payment duration data typically calculated as the mean, median, or mode of the distribution.

Statistic 1

"In 2019, about 40% of all business-to-business (B2B) invoices in Western Europe were paid late."

Sources Icon

Statistic 2

"In the US, extended payment terms are becoming more popular, with around 47% of buyers said to have extended their payment duration in the past three years."

Sources Icon

Statistic 3

"As of 2019, half of all companies in Europe experienced an increase in late payments."

Sources Icon

Statistic 4

"Around 2.21% of global PayPal transactions are classified as fraudulent."

Sources Icon

Statistic 5

"Mobile wallet payment transaction values reached $6.1 trillion in 2020 in China alone."

Sources Icon

Statistic 6

"On average, two out of five businesses worldwide reported they were paid late by their customers in 2019."

Sources Icon

Statistic 7

"In 2019, about one-third of invoices in Asia were paid late."

Sources Icon

Statistic 8

"The average payment term in the construction sector in the Netherlands is 41 days."

Sources Icon

Statistic 9

"52% of companies worldwide reported late payments from customers in 2019."

Sources Icon

Statistic 10

"In Spain, 50% of the total value of the B2B receivables remained unpaid after the due date in 2018."

Sources Icon

Statistic 11

"The number of days businesses in Germany need to wait to get paid has declined, from 41.1 days in 2016 to 40.7 days in 2018."

Sources Icon

Statistic 12

"In Brazil, 47.9% of credit card users carried a balance and were charged interest in February 2021."

Sources Icon

Statistic 13

"In China, the average payment term is between 90 and 120 days."

Sources Icon

Statistic 14

"In India in 2019, enterprises take an average of 44 days to clear their dues."

Sources Icon

Statistic 15

"In 2019, businesses in Austria had the shortest payment duration in the DACH region at 32 days."

Sources Icon

Statistic 16

"France saw a significant increase in average payment terms in 2018, extending them from 60 days to 75 days."

Sources Icon

Statistic 17

"In Australia, as of 2019, invoices are paid on average 11 days late."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!